If you haven’t made your phone calls (888-422-6570)…the time is now!

7 Jan
SB1673 passed out of committee and is being debated on the floor:

*COLA frozen until 2020 and after that for five years after retirement or until retiree reaches age 67.
*No shift to local school districts.
*COLA 3% on first $20k for those who also receive Social Security and first $25k for all others.
*Our contributions go up 2% over two years.
*Pensionable salary capped at previous year’s or Social Security Wage cap, which ever is greater.
*Requires state to make 100% funding within 30 years.
*Retirement systems can sue if payments aren’t made.

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