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House approves 2% retirement increase for early state retirees after floor debate
Summary
The Utah House passed House Bill 12 on Feb. 15, 2007, to grant a 2% multiplier for years of service to certain state retirees who retired before 1986. Lawmakers debated fiscal cost (fiscal note $3.6 million) and equity among retirement tiers before passage (56–9–10).
The Utah House on Feb. 15 approved House Bill 12, a bill that would grant a 2% multiplier to certain state retirees who left service before 1986, aiming to address a disparity between older defined‑contribution and later non‑contributory retirement systems.
Sponsor Luana Shurtleff said the change would restore equity for retirees left on a lower formula and described the group as…
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