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2008 House Bill 5944: Grant early retirement full pension to certain juvenile justice employees

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1) pension benefits  by Anonymous Citizen on July 3, 2008 
What are pension benefits?

(A non-government employee (taxpayer) wants to know)
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2) "no vote explanation"  by Admin003 on June 29, 2008 
Rep. Bieda, having reserved the right to explain his nay vote, made the following statement:

“Mr. Speaker and members of the House:

I voted ‘no’ on this amendment because it would most likely create a substantial unfunded liability to the state retirement system. In addition, the expansive broadening of the bill contemplated by this amendment has never been subject to any actuarial or fiscal analysis.”

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3) Huh?  by Anonymous Citizen on June 10, 2008 
I'm confused -- won't this bill cost the state money instead of saving? I understand the concept of most early out plans, a lot of money is saved just by hiring lower wage workers. But why offer it to people who are going to leave anyway? I'm all for helping laid off workers, but is this the best time to spend money this way? Maybe it should be combined with a traditional early out plan so that it ends up saving more than it will cost.
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