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House approves settlement framework for federal retirees, tapping rainy‑day funds for shortfall
Utah House of Representatives · February 24, 1994
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Summary
House Bill 482, a compromise settlement for federal retirees, passed the House unanimously (68‑0). The measure offers two rebate options and would use approximately $8 million from the budget reserve/rainy‑day fund in addition to previously allocated funds.
Representative Kevin Garn moved to uncircle House Bill 482, describing the measure as a compromise to resolve long‑running litigation and payment disputes with federal retirees. Garn summarized two rebate options for retirees and noted interest owed would stop as of Oct. 11, 1993. "It is estimated…
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