Assembly Republicans on Thursday laid out their ideas to save money, calling for major changes to the Public Employee Retirement System and the state’s prevailing-wage laws. The plans drew immediate protests form Assembly Democrats, who said the ideas attack workers without doing anything to increase education funding or create jobs. The proposed changes to PERS were most dramatic, calling for all new state hires and others to be put on a hybrid plan that has them partly covered by the existing defined benefit plan and partly in a system that looks a lot more like a 401K program. Assemblyman Randy …
Assembly Republicans call for major changes in prevailing-wage laws, PERS
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