Introduced
by
To eliminate retiree health benefits granted by local governments to new employees hired on or after May 1, 2017. Locals could choose to replace the current post-retirement insurance benefits with contributions equal to 2 percent of an employees base pay deposited into a tax-deferred account. The bill would also cap a local government’s contribution for retiree health benefits for existing employees and retirees at 80percent of the benefit cost (as was required for state retirees under a 2013 law).
Referred to the Committee on Local Government and Municipal Finance
