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12/27/2015 9:09 pm  #11


Re: Senate sending Wolf budget bill

Thanks for info to help me with this, Brady.  As far as pension reform, am I right in thinking that the legislators themselves would have the ability to opt out of the pension reform plan they want other state employees to accept?

 

12/27/2015 9:52 pm  #12


Re: Senate sending Wolf budget bill

Just Fred wrote:

Thanks for info to help me with this, Brady.  As far as pension reform, am I right in thinking that the legislators themselves would have the ability to opt out of the pension reform plan they want other state employees to accept?

I believe all newly elected officials who start after 1/1/18 must go into the new hybrid pension plan and do not have the choice of entering the old pension plan.

Current officials who are re-elected will have the choice of either continuing in the pension plan or switching to the hybrid plan.  All state employees will remain in the pension plan.

 

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