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Public pensions regulator asks committee to approve narrow technical fixes to Chapter 32
Summary
The Public Employee Retirement Administration Commission (PERAC) requested favorable reports on bills that would allow filing flexibility for statements of financial interest, require purchase of certain prior service credits, and clarify the definition of wages under Chapter 32.
Bill Keefe, executive director appearing for the Public Employee Retirement Administration Commission (PERAC), told the Joint Committee on Public Service that PERAC seeks legislative fixes to several Chapter 32 provisions to address administrative and actuarial issues.
Keefe asked the committee to favorably report bills H22 through H25 and described three bills in detail. H22 would provide…
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