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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?
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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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