Pension select committee will submit Lehi 1 study without recommending a bill, asks for disaggregated cost analysis
After debating alternatives including a merger bill (SB 5085), the committee voted to submit the Lehi 1 study to the legislature without endorsing a single option and asked that future cost analyses disaggregate the policy choices (merger vs restatement, plus COLA effects).
The full story
The Select Committee on Pension Policy voted to submit the final Lehi 1 study to the legislature without recommending a specific bill, but added a committee request that the legislature receive disaggregated cost and risk analyses separating the policy choices inside the bills.
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