The Governor’s 12-point pension proposal seeks to eliminate purchasing nonqualified service credit, when could this take effect?

Ask Jack Jack Ehnes

The year 2013 is the earliest any of the provisions within the Governor’s 12-point pension reform proposal could go into effect, including elimination of purchasing non-qualified service credit; that’s if the measures are adopted as written.

It’s important to keep in mind that while the Governor has introduced specific pension reform measures, all measures must first go through the legislative process before anything is certain.