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Tuesday, August 18, 2009
I don't know how likely it is that the Legislature will take up the SB 897 veto during its winter Special Session. Typically, these sessions are scheduled in advance when pressing financial problems make it necessary for some mid-term adjustments to the State's budget or agency budgets. It may take a lot of tubthumping to get SB 897 back on the front burner. But you can write your legislators (House and Senate) and urge each to support a plan to overturn the Governor's veto. Otherwise, PERS pre-retirees will continue to go blindly into retirement without any legal assurance that the estimates as well as the final Notice of Entitlement might fall prey to another of PERS' FUBARS. No one is asking PERS to pay anyone more than they are owed. It would just be nice to know with certainty that you are not retiring on a promise compromised by fingers crossed behind PERS' back.