2007 House Bill 4107

401k type pension for new school employees

Introduced in the House

Jan. 23, 2007

Introduced by Rep. Brian Palmer (R-36)

To no longer provide the traditional “defined benefit” pension system for new school employees, and replace it with a “defined contribution” plan (401k type plan) that is essentially the same as what is now offered to state employees.

Referred to the Committee on Education