Introduced by Sen. Roger Kahn (R) on November 6, 2014, to permit gubernatorial or legislative political appointees appointed starting in 2015, who are or were state employees eligible for benefits under the state’s defined benefit pension system (now closed), to become fully “vested” after two years in the employer contributions made on their behalf as appointees, rather than the four years that would be required under current law."
Saturday, November 15, 2014
2014 Senate Bill 1132: Accelerate political appointee pension vesting
Introduced by Sen. Roger Kahn (R) on November 6, 2014, to permit gubernatorial or legislative political appointees appointed starting in 2015, who are or were state employees eligible for benefits under the state’s defined benefit pension system (now closed), to become fully “vested” after two years in the employer contributions made on their behalf as appointees, rather than the four years that would be required under current law."
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