Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Subcommittee adopts amendment to require PERS notice to show overtime used in pension calculation
Summary
The General Government Subcommittee on Tuesday adopted a budget amendment to House Bill 2,728 and forwarded the bill to the full committee with a “pass” recommendation.
The General Government Subcommittee on Tuesday adopted a budget amendment to House Bill 2,728 and forwarded the bill to the full committee with a “pass” recommendation. The measure would require the Public Employees Retirement System (PERS) to show the use of overtime hours in members’ notice of entitlement calculations, effective Jan. 1, 2026, though PERS may act earlier.
The change aims to increase transparency in retirement estimates for state employees. LFO staff said the amendment provides a one-time other‑funds expenditure limitation of $499,986 and authorizes three limited‑duration positions…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
