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House approves annual retirement‑benefit correction after funding debate
Summary
House Bill 145, an annual measure seeking to raise retirement credit for a group of public employees from 1.25% toward parity with 2%, passed the House on Feb. 8, 2008, after debate over funding and whether the cost is ongoing.
Representative Corey Holdaway presented House Bill 145, the recurring measure intended to equalize retirement credits for a subset of public employees who currently receive a 1.25% credit. Holdaway described the bill as a long‑standing effort with a fiscal note that has declined over time; he noted the fiscal estimate this session at roughly $1.2 million compared with a prior estimate as high as $3…
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