Baroni to Introduce Pension Reform Bill

No More Double-Dipping Pensions

Senator Bill Baroni (R-14) has drafted pension reform legislation that is designed to prevent excessive government payouts from state pension funds to those who continue in post-retirement public service employment. The legislation would help shore up distressed state pension funds by preventing individuals who work in full-time positions from collecting both a paycheck for public employment and a pension check simultaneously.

“This legislation will protect the state pension funds that hundreds of thousands of current and future public service retirees depend upon,” said Baroni. “It has become increasingly difficult to maintain solvent pension funds when people who come out of retirement to work in full-time positions are allowed to continue receiving checks and draining funds from the pension system. If we fail to address this issue now, we would be complicit in putting the pensions of all retirees at risk, including those who depend on a state pension as their main source of retirement income. If you’re an employee, you should get paid. If you’re retired you should get your pension. But not both.”

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