Section A: Addition to current statutes governing state agency duties [Bracketed portions may be adjusted for the needs of each state] Nongovernmental agreements…
Pension Reform
Model Policies
(1) Definitions (a) The term “defined benefit pension plan” or “plan” shall mean any plan, fund or program which was heretofore or…
Stability – Government pensions should be secure and safe from high risk assumptions. State and local governments should eliminate incentives to underfund pension commitments,…
Model Legislation {Title, enacting clause, etc.} Section 1. {Definitions.} (A) Emergency. “Emergency” means extraordinary circumstances outside the control of the Legislature, including: (1)…
Primary Reforms Cap employer cost to a maximum amount of salary state will pay towards employee benefits Require the full ARC (or Normal Cost)…
Publications
