HB4058 HFIN AM 2-7

    The Committee on Finance moves to amend the bill on page two, section one, line four, following the word “authorized” by inserting the following:

    “with the following amendment: on page three, subsection 8.1, line seventeen, following the word ‘System’, by inserting a colon and the following: ‘And provided further, That beginning July 1, 2014, 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’.”