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House Roll Call 532 on
2011 House Bill 4701: Transition state employees to defined contribution retirement health benefit

To concur with the Senate-passed version of the bill, which stripped out a House-passed provision prohibiting including overtime pay in the formula by which a retiring employee's pension calculations are based. This reform is intended to prevent the practice of "pension spiking," in which an employee accumulates a lot of overtime in his or her final year or years so as to "spike" their future future pension benefits.

View the rest of House Bill 4701: History, Amendments & Comments 

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House Roll Call 532 on 2011 House Bill 4701

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