PFRS Pension Bills Advance For Full Consideration
Yesterday, March 22, 2018, Assembly bill A-3671 was reported out of the Assembly Appropriations Committee with bi-partisan support. A-3671 is the Assembly version of S-5, our legislation to transfer management of the PFRS to the PFRS Board of Trustees. Shortly after it’s release yesterday, A-3671 was placed on the board list for consideration by the full General Assembly this Monday, March 26 at 1:00 p.m.
It will be joined on Monday by S-5 for a vote by the full Senate beginning at 2:00 p.m. We anticipate that our pension takeover bill will be on the Governors desk by Monday night!