To require state employees to pay an additional 3 percent of their salary into their pension fund. This will save some $35 million in the next fiscal year and $304.5 million over 10 years. The measure applied to state employees hired before 1997 who have defined benefit pensions; those hired since have 401K-type defined contribution pensions.
22 Yeas / 16 Nays | |
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Democrat (1 Yea / 15 Nays) | |
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