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Committee reviews proposed contract to help state employees navigate Public Service Loan Forgiveness; vote pending
Summary
The committee heard a presentation on a proposed three-year contract to provide advisers to help state employees apply for Public Service Loan Forgiveness; initial-year cost $304,000 and estimated eligible employees roughly 6,000. Members asked questions but no vote was recorded by the end of the excerpt.
The State Agencies & Governmental Affairs Senate committee reviewed a proposed contract to hire an adviser to help state employees navigate the federal Public Service Loan Forgiveness program.
Grant Wallace, director of the Employee Benefits Division, presented the proposed contract and said the state would hire a private firm to provide on-site and virtual advising, town halls and one-on-one sessions for employees seeking PSLF approval. Wallace described PSLF as a program, signed into law during the George W. Bush administration, that can forgive a remaining student-loan…
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