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Appropriations committee advances PERS budget; adds two staff to support defined-contribution program and modernizes IT
Summary
The committee approved House Bill 1023 for the Public Employees Retirement System (PERS) with funding for two new positions (accounting FTE and enrollment specialist), IT upgrades and continued implementation costs for the newly established defined-contribution program.
The House Appropriations Committee voted to advance House Bill 1023, the Public Employees Retirement System (PERS) budget, approving additional staff and technology funding to support the defined-contribution program and continuing system costs.
Testimony and committee discussion emphasized the agency’s expanded workload from administering multiple retirement plans. The…
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