Legislative Update

The House Committee on Retirement approved legislation on Thursday on a bill {HB 864, Rep Schneider} which permits a public retirement system to divest itself of holdings in a company having facilities or employees, or both, in a prohibited nation.

In other action, the committee approved {HB 878, Kleckley} to increase the benefit accrual and employee contribution rates for certain enforcement personnel employed by the Department of Revenue, Office of Alcohol and Tobacco Control (ATC)