On Tuesday, the Responsible Retirement Reform for Local Government Task Force released their report of recommendations. The proposals are focused on addressing local pension and health care costs, ensuring retiree support, and providing more financial stability and effective delivery of local government services. “The increasing costs of retirement benefits has been a major issue for local governments. The Governor called for this task force in his State of the State this past January, to focus on the instability surrounding retirement benefits within local governments,” stated Sean Mann of MLC.
The task force included twenty voting members and four ex-officio members. While members agreed upon principal understandings and concepts to find consensus on four major recommendations, there were some issues task force members discussed but did not find agreement on or determined further examination was needed. Out of the recommendations they did agree upon, there were four reforms they proposed should be prioritized:
To read the full report, please click here.
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