This week the House will take up a pension reform plan aimed at stabilizing the financially-strapped Retirement Systems. Here’s what you need to know:
Pension Reform – Senate Bill 388 by Sen. Orr, Rep. Ison & Rep. McCutcheon
What must change about Alabama’s Retirement System and Why:
Governor Bentley, Legislative leaders and officials from the Retirement Systems of Alabama have all endorsed the below plan to save Alabama’s public employee pension funds by making them fiscally sound over the long term.
About the Plan: