Today, many many members of Secure PERA testified in opposition to Senate Bill 200 as introduced. Senate Finance committee laid the bill over until Thursday for a vote.
BOTTOM LINE: Senate Bill 200’s DC Option with DC Supplemental will cost employers an additional 6% – 9% for each employee choosing it.
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Below are how the PERA and the Governor plans compared to each other. Learn more about the PERA Board proposal and the Governor proposal here.