Ogden Teachers Rally for Collective Bargaining

Ogden Teachers Rally for Collective Bargaining

Friday, February 26, 2010

House Debates Retirement changes

As I write this entry, the House is debating and voting on the retirement changes. SB43 passed 53-20 and will return to the Senate because of the changes made in the House. Retirees will be able to return after one year of retirement to teach and receive their pension and salary, but no 401k. SB63 is being amended to raise the 401k contribution from 8% to 10% and the other option raised from 1% to 1.5% per service year and add the ability to retire at 60 years, even if you didn't have 35 years. You can listen to the debate by going to the legis

Rick