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House adopts substitute to give long-serving retirees 2% equity; sends bill to Senate
Summary
The Utah House adopted a substitute to House Bill 253 to provide a 2% retirement-equity adjustment for certain retirees, adopting the substitute as amended by a 59-11 vote. Sponsors said the change corrects an inequity; opponents warned it would create recurring costs tied to retirement-fund surpluses.
The Utah House on March 1 adopted a substitute to House Bill 253, a measure to provide a 2% retirement-equity adjustment for eligible former state employees, and returned the bill to the Senate for further consideration after a recorded 59-11 vote.
Supporters told colleagues the substitute was intended to remedy what they called an unfair disparity affecting roughly 1,200 former state employees and to lock in an equitable benefit without a general‑fund appropriation in the current fiscal year. "The…
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