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- Introduced by Rep. Rick Jones (R) on April 21, 2009, to authorize a retirement incentive for state employees whose age and years of government employment add up to at least 80 and who retire before Oct. 1, 2009. The bill would increase the multiplier used to calculate the retirement benefits of these employees from 1.5 percent to 1.75 percent, which would increase the cash portion of their post-retirement benefits by 16.7 percent.
- Referred to the House Labor Committee on April 21, 2009.
Comments
1) Re: 2009 House Bill 4813 (Gibr state employee pension increase ) by Blackbird1 on September 23, 2010Unreal that some legislators and people think I am going to sell my house so they can be paid to retire as early as 50!! But that's ok - please keep speaking out because everytime you do you show fiscal conservatives how willing you are to take others money that YOU don't deserve. And I love legislators that introduce these bills and those who vote for them because it will make it much easier to VOTE them out in the next election cycle. Then they can go to the public square and pick pockets with the honest thieves.
that is a big yes for me. bigger pension means more greater opportunity for retirees to finance their health care. Nursing homes, adult day care, etc are all expensive and becoming much expensive every year
This makes no sense to me. We will increase the pension for some so they can start collecting earlier and at the same time we will pay new people to take their place. This will increase our pension liability and bring new people in to the unionized bloated pay scale and pension benefits. Thereby, increasing spending all around while we are fiscally broke. First we need to take the public employees off the union scale ; by locking public service in a contract with an organization that doesn't have to pay the bill but can disrupt the service in order to force the taxpayer to pay more is nuts. The public service already has a hirer average pay than the average taxpayer and if the budget gets tight they are the only ones that don't have to tighten their belts. . The taxpayer has a say in how much to pay their employees and a right to fire or reduce pay if times are tough. Fix that situation before you send those off to play with a higher pension than they already have earned.
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