Weekly Legislative Summary 3/1/19

The retirement system stress test bill was skipped over Monday so the author could add amendments. The amendments were added yesterday, which means the bill has to have another actuarial study done before it can be put back on the regular agenda. The retirement bills on the agenda for this coming Monday are not controversial and are not on our radar. The bills that we are tracking are still in the actuarial study for the time being.

We will be in attendance Monday, March 4th at 10:00 a.m. for the Joint Retirement Committee meeting. We encourage our retirees to attend, and we will once again provide a shuttle service. Meet us at our office at 1301 W. 7th Street in downtown Little Rock before the meeting for coffee and pastries.

Have a great weekend.

John Bridges

Executive Director

Act now!

URGENT! Now is the time to contact members of the Joint Public Retirement Committee and ask them to please not reduce retirement benefits or Cost of Living Adjustment!
You can call them and/or send emails to them from your personal email address when you’re not busy, or when you’re off work (if not retired).

Urgent! Meeting about proposals to reduce your retirement benefits!

IMPORTANT! ASEA is ready to defeat the proposal to reduce state employees’ retirement Cost of Living Adjustment!

Tuesday we are turning on our Legislative Action Center. This will allow you to easily send an email to the retirement committee members asking them to not reduce your COLA. We need everyone’s help! Keep in touch with our Facebook page here and this ASEA legislative blog for all the latest news.

Next Wednesday (1/23/19) at Noon we are having a meeting at ASEA’s office at 1301 W. 7th St. in downtown Little Rock. ALL STATE EMPLOYEES ARE WELCOME! This affects all of you! Lunch will be provided, and Executive Director John Bridges will discuss our strategic plan and how you can help.

Please RSVP to the event we created on Facebook for Wednesday’s meeting so we know how much food to order. Please feel free to spread the word!

Retirement System Meeting

In case you missed it on our Facebook page:

ASEA’s own Marc Watts, Senior Legislative Analyst, attended the first of a two-day meeting at the Capitol of the Joint Retirement Committee to represent state employees regarding your retirement system. We are your eyes and ears and will keep watching to keep you informed!

So far, they’re saying there’s no intention to reduce your benefits, merge the two systems or turn it into a 401k plan. We’ll keep you posted.