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2014 House Bill 5671: Restrict government pension “service credit” purchases
Introduced by Rep. Phil Cavanagh D-Redford on June 12, 2014
To place additional restrictions on counties allowing an employee to purchase “service credits,” which is a scheme that allows government employees to artificially boost the years-on-the-job component of the formula used to calculate post-retirement pension benefit levels.   Official Text and Analysis.
Referred to the House Financial Liability Reform Committee on June 12, 2014

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