Checkmark
Legislation watch
Senate Roll Call 349 on
2012 Senate Bill 1040: Revise school pension system

To close the current "defined benefit" pension system to new school employees hired starting in 2013, and instead provide 401(k) accounts with employer contributions equal to 4 percent of salary. New hires would no longer be eligible for retirement health insurance benefits, but instead would get extra contributions into their 401(k) accounts. Current retirees would have to pay 20 percent of the cost for their health benefits, up from 10 percent now. Current school employees would have to contribute more toward their pensions, or else receive benefits calculated under a less generous formula. Final salaries used in that formula would be capped at $100,000, plus any extra merit pay amounts.

View the rest of Senate Bill 1040: History, Amendments & Comments 

facebook  twitter  View comments  Print-friendly version

Vote
In Favor In Favor
Against Against
Not Voting Not Voting
 Undecided
Democrat
1000%
100100%
1000%
12 total votes
Republican
762476%
237723%
1000%
26 total votes
Voters
663466%
336733%
1000%
3 total votes

What do you think? In Favor Against Undecided (sign in required)

Add to your scorecard as In Favor or Against (select a scorecard)


IN FAVOR

SENATE DEMOCRATS
none

SENATE REPUBLICANS


AGAINST

SENATE DEMOCRATS

SENATE REPUBLICANS


SENATE LEGISLATORS ORDERED BY NAME


Senate Roll Call 349 on 2012 Senate Bill 1040

Comments