House majority rolls out shared-risk 'responsible retirement security plan' in House Finance
House leaders unveiled a new shared-risk retirement plan, a hybrid defined-benefit proposal they describe as "risk averse," and placed it directly in the House Finance Committee for thorough vetting and actuarial review.
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Representative Kopp, the House majority leader, said the coalition introduced a "responsible retirement security plan" in House Finance, calling it a new shared-risk plan distinct from past state liabilities.
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