State Sen. Joan Huffman filed a bill Friday that would repeal a provision that allowed longtime lawmakers to increase their yearly take-home income by $140,000 by collecting pension payments without retiring.
would repeal a provision in state law, passed in the 2021 session, that allowed longtime lawmakers who had maxed out their annuities in the state’s Employees Retirement System to “double dip” by collecting their pension payments while still continuing to work and collecting a salary. Pension payments grow based on years of service and are typically capped at the state worker’s maximum salary, to be collected upon retirement.
The provision applies to all state employees who have worked enough years that they’ve maxed out their pension payments, but state lawmakers, unlike other employees who qualify for the benefit, work only part time. To max out their annuities, state employees typically have to work 43.5 years. That meant that only three lawmakers — state Sen.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Lake County Board Republicans say ‘patronage’ behind former state Sen. Melinda Bush’s Metra board appointmentFormer state senator Melinda Bush has won an appointment to the Metra Board of Directors, and a $15,000 stipend to supplement her semi-retirement from political life, over the objections of Lake County Republicans who cried political patronage. Bush founded the Lake County Democratic Women, and at least eight Democrats on the Lake County Board took thousands in donations from the PAC.
Baca lebih lajut »
State representative who wrote takeover bill speaks on state taking control'I know how David felt going up against Goliath,' says State Rep Harold Dutton. The state representative who wrote the takeover bill discusses the state taking control over HISD.
Baca lebih lajut »
Sen. Dianne Feinstein hospitalized with shingles but expects 'full recovery'California Sen. Dianne Feinstein has been hospitalized in her home state with shingles.
Baca lebih lajut »
HISD Superintendent delivers State of Schools Address amid rumors of state takeoverHouston Independent School District Superintendent Millard House gave his address in his second state of the school's address amid rumors of a state takeover.
Baca lebih lajut »
Republican Indiana legislator launches campaign to fill Rep. Banks' seatRepublican Indiana state Sen. Andy Zay has entered the race to replace Rep. Jim Banks, who is retiring to run for U.S. Sen. Mike Braun's open seat.
Baca lebih lajut »
Senators renew call for EPA investigation of crypto mining emissions dataU.S. Sen. Edward Markey and Rep. Jared Huffman are reintroducing the Crypto-Asset Environmental Transparency Act into Congress to determine the impact of cryptocurrency mining.
Baca lebih lajut »