SB239 S PEN AM #1

LAMBRIGHT #7874

    The Committee on Pensions moved to amend the bill on page two, section one, line four, after the word “authorized” by striking out the period and adding the following: with the following amendment:

    On page three, section eight, subsection 8.1, after the word “System” inserting the words “and beginning on July 1, 2012, each participating public employer shall contribute fourteen percent (14%) of each compensation payment of all its employees who are members of the Public Employees Retirement System”.

Adopted

Rejected