Media Advisory: Retirement System Legislation To Be Addressed at Legislature

Media Advisory 

For Immediate Release

February 1, 2016

Contacts:

Aundrea Peterson

House Majority Communications Coordinator

Utah House of Representatives

 801-791-3365

 aundreapeterson@le.utah.gov

Kirsten Rappleye

Majority Assistant, Communications

Utah Senate

801-505-1457

krappleye@le.utah.gov

Retirement System Legislation To Be Addressed at Legislature

SALT LAKE CITY – Seeking to mitigate significant unfunded liability caused by the economic downturn, the Utah Legislature passed major legislative reforms (SB43 and SB63) affecting state retirement benefits in 2010. Subsequently, some agencies have reported difficulty maintaining proper staffing levels and hiring qualified employees.

Rep. Cunningham is proposing a number of bills this session, HB47, HB50, HB86, and HB117 that will roll back some of the earlier provisions to address these issues.

Senator Mayne is proposing SB36, which modifies the Utah State Retirement and Insurance Benefit Act to allow certain retirees to be reemployed with a participating employer after a certain period from the retiree’s effective retirement date.

Who:           Representative Rich Cunningham

Representative Lee Perry

Representative Lowry Snow

Senator Karen Mayne

                       Senator Todd Weiler

       Mike Caldwell, Mayor of Ogden

      Chiefs of Police

What:        Retirement System Legislation

Where:     Capitol Board Room, 2nd floor, East Side

When:      Monday, February 1, 2016 at 1:45 p.m., immediately following the                      Clean Air Caucus press conference

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