Friday, March 5, 2010

Budget: Retirement and Health Insurance Update

Last night, Executive Appropriations met and recommended covering the entire 2.1% retirement contribution rate increase.

In addition they recommended covering half of the 12% or $23 million health insurance increase. UPEA is currently meeting with PEHP, the Governor's Office of Planning and Budget and DHRM to work out the final details for the remaining health insurance increase.