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State Legislation Affecting Public Retirement Plans, 2005-2009
National Conference of State Legislatures [NCSL] Link to more items from this source
Jan. 22, 2010
Excerpt: In general, states have made a broad range of relatively minor changes to plans, rather than undertaking fundamental change. Their goal has been to adjust rather than radically alter their retirement plans. Several of the states listed in this report have made a number of the following changes at once: Increases in employee contributions; Extending the period over which salary is calculated for the purpose of determining retirement benefits; Increases in the age or service requirement, or both, for eligibility for retirement benefits Anti-spiking provision; Reductions in or greater controls over post-retirement cost-of-living adjustments.

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