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Monday, November 21, 2016

Constitutional Amendment Pension Rally
Earlier today, the Senate and Assembly passed identical bills that would require the state to make its required pension contributions each fiscal year on a quarterly basis, with payments on Sept. 30, Dec. 31, March 31, and June 30. The Senate passed S-2810 by a vote of 35-0 while the Assembly passed its companion bill, A-4, by a vote of 72-0.  The bill now moves to the governor’s desk.  If passed and signed by the governor, the law would take effect on July 1, 2017.

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