Bill > ACR115

This Concurrent Resolution proposes an amendment to the State Constitution, meaning it's a formal expression of opinion or will agreed upon by both houses of the legislature, that would mandate the State and its local governments, referred to as political subdivisions, to make regular, yearly payments into the retirement systems managed by the State. These retirement systems are designed to provide pensions and other benefits to public employees after they retire, and this resolution aims to ensure these systems are adequately funded by requiring consistent contributions from the government entities that employ these workers.