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SAVA Interim Committee September Update


Posted Date: 
September 7, 2012
Contact: 
Sheri Scurr, Committee Staff

SAVA Scrutinizes Pension Proposals

The State Administration and Veterans’ Affairs Interim Committee voted last month to develop three committee bill drafts, in concert with the Legislative Finance Committee and the Governor’s Office. The drafts initially will embody the governor’s proposals to fix the estimated $100 million a year shortfall in funding for the Teachers’ Retirement System (TRS) and the Public Employees’ Retirement System (PERS).

The action was not a vote of approval of the governor’s proposals, but was instead taken so SAVA and the Legislative Finance Committee will have a starting point for further discussion and opportunities to make revisions to the proposals.

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Sheri Scurr | 406-444-3596 | sscurr@mt.gov