PERA retiree cuts challenged in court
A lawsuit seeking to overturn the Public Employees Retirement Association solvency plan was filed against the state Friday, just three days after the bill was signed.
A lawsuit seeking to overturn the Public Employees Retirement Association solvency plan was filed against the state Friday, just three days after the bill was signed.
A bill that would have allowed lower-income families to receive $1,000 annual tax credits for children enrolled in private schools was killed Tuesday by the House Finance Committee.
The House has voted 36-29 to pass Senate Bill 10-001, the plan to restore the Public Employees’ Retirement Association to solvency over the next 30 years.
The House passed the PERA rescue plan Friday, and House Speaker Terrance Carroll introduced three bills intended to improve charter school quality.
The Senate Wednesday gave final approval to nine bills that are supposed to raise about $148 million in revenue for the battered state treasury.
The Senate Monday morning voted 25-10 to pass Senate Bill 10-001, the measure intended to restore PERA to solvency over the next 30 years.
The proposed Public Employees’ Retirement Association rescue plan passed the Senate Finance Committee 5-2 Tuesday after members approved key changes supported by education interests.
In addition to K-12 budget cuts and pensions, top education issues are expected to include charter school regulation, testing, how to slice the shrinking higher ed financial pie and improved alignment between community and four-year colleges.
There was no good news in a legislative discussion Thursday on the financial future of the Public Employees’ Retirement Association.
The budget and school finance aren’t the only big-money headaches facing legislators and educators in 2010 – add pensions to the list.