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Bill Adds Pension Cost for Teachers and Local Government Workers
Richmond Times-Dispatch
Jan. 26, 2012
All public school teachers and local government employees would have to contribute 5 percent of their pay toward their retirement plan under legislation introduced in the Virginia Senate. Sen. John C. Watkins, R-Powhatan, also wants to prohibit school boards and local governing bodies from paying the employee share of their pensions as almost all school divisions and many local governments have for decades.
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