Any state employee hired after about 1996 or 1996 does not have a pension plan. They have a 401k. All state and legislative employees took a 3% pay cut as of November 2010 to balance the state budget, money that is supposed to be put toward retiree health care. This bill is to undo the recent pay cut.
For newer state employees (those hired in the past 15 years or so) there is no fat pension. There is no skinny pension. There is no pension.