Sen. Liljenquist also wants to combine the two state retirements (Public Employees and Public Safety) into one retirement system. The new hires would have the option of a defined contribution (401k) of 8% or a hybrid plan with 1% for each service yer, 35 year minimum retirement and a 3-5% contribution to a 401K.
UEA is planning a Retirement Rally, Feb. 6, Saturday at the State Capitol (11:00 AM). You will receive more information from your local leaders. We need members, nonmembers, classified employees and administrators at this rally to show support for our retirement system.
Rick
