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Feb 6, 2019

Legislative Update Feb 6, 2019, 8:46pm - NMAER Russell Goff


Good evening,

This morning HB 95, Retiree Health Care Fund Contributions, got a unanimous DO PASS in the House State Government, Election & Indian Affairs Committee. In the same committee our pension bill, HB 360, the companion bill to SB 14, Educational Retirement Changes, also got a unanimous DO PASS. The bill was amended to remove the $248.3 million appropriation related to the restitution to the fund from the contribution swaps and the delay in the implementation of the employer contribution increases passed in 2005.

Both bills have now been referred to the House Appropriations and Finance Committee for a hearing. We will advise you of date and time as we receive more information.  Thanks again for all your assistance.

Russell Goff
NMAER

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