Introduced by Rep. Peter MacGregor (R) on June 5, 2012, to allow a municipality to revoke or change its employee retirement plan or benefits with a majority vote of its governing body rather than a majority vote in a public election. The “accrued” pension benefits already earned by existing employees are guaranteed by the state constitution and would not be affected, but other post-employment benefits could be changed. Full Text and Analysis.
Referred to the House Appropriations Committee on June 5, 2012.
Reported in the House on September 27, 2012, with the recommendation that the substitute (H-2) be adopted and that the bill then pass.