To change definitions in the school and state employees pension law so as to allow a one-time pension contribution that is less than the true actuarially sound amount under generally accepted accounting principles. The bill is one of several that are part of bipartisan plans to close a gap between desired spending and expected revenues in the Fiscal Year 2006-2007 budget.
37 Yeas / 0 Nays | |
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Democrat (17 Yeas / 0 Nays) | |
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Excused or Not Voting (1) | |
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