January 18, 2012
Arizona may undo fix to pension system
Key state lawmakers want to rescind last year's hike in the contribution that more than 200,000 Arizona State Retirement System members make toward their pensions, citing fears of losing a lawsuit over the issue.
House Bill 2264 would return to the previous funding system, under which contributions to the ASRS for public-employee retirements were split 50-50 between employees and their employer...
LINK - AZCentral.com
