AB 498 passed, one step closer to getting retirement contributions reduced by half! Now it's up to Governor Lombardo. I will post the video of Senator Stone speaking in support on Facebook. Senator Cannizzaro also spoke in strong support of the bill, shout out to her. It is time to start writing letters to Governor Lombardo showing support of AB 498. We have 5 days to send our support. Handwritten, emailed, phone calls, whatever it takes.
So essentially this is more important than the raise all together. Because if it doesn't pass we will really only be seeing 75% of our raise and that not even including tax, social security, ect...
If AB 498 passes. Pers will be at 15% correct? And if so, when pers goes up again, will we pay it or is the 15% locked in and the state pay any increases?
No, it will be half of whatever the employees portion would be. So July 1st when it goes up to 25.75, you will pay 13% the state will pay 38ish percent.
No, it will be half of whatever the employees portion would be. So July 1st when it goes up to 25.75, you will pay 13% the state will pay 38ish percent.
its a bit past 5days since governor received the AB. Is it safe to assume this has been vetoed? cannot find information anywhere.
So essentially this is more important than the raise all together. Because if it doesn't pass we will really only be seeing 75% of our raise and that not even including tax, social security, ect...
is AB498 PERS reduction for all state employees or just for the first responders? Was just curious, some state employee's here at job were asking
If AB 498 passes. Pers will be at 15% correct? And if so, when pers goes up again, will we pay it or is the 15% locked in and the state pay any increases?
So which is it? Now it may be half instead of 7%?