Assembly Committee to Hold Public Hearing on Post-retirement Benefits

The Assembly Urban and Local Affairs Committee will hold a public hearing on September 8 on Assembly Bill 269, which would make changes to the way post-retirement benefits are funded for employees of local governments, including school boards.  AB 269 prohibits a local government from providing post-retirement health care benefits to any employee hired on or after January 1, 2016, unless the cost of the benefit is fully funded in a segregated account.

NOTICE

Assembly Urban and Local Affairs, 10 am, Tue, Sep 8, 400-NE

Hearing on:

AB-269 Postretirement Health Care Benefits (Thiesfeldt, Jeremy (R)) Funding postretirement health care benefits of local government employees