Bill on elected officials' pensions fails Senate - WSFA.com: News Weather and Sports for Montgomery, AL.

Bill on elected officials' pensions fails Senate

Posted: Updated:
  • More newsMore>>

  • Creeping landslide devouring part of Wyoming town

    Creeping landslide devouring part of Wyoming town

    Saturday, April 19 2014 5:52 PM EDT2014-04-19 21:52:46 GMT
    A sudden lurch in a creeping landslide in the northwest Wyoming resort town of Jackson split a house in two and forced workers to abandon efforts to stabilize the hillside.More >>
    No one can say precisely when the mountainside collapsing into this Wyoming resort town will give way. But it appears increasingly likely that when it does, it's going to take a piece of Jackson with it.More >>
  • Your Week in Viral Videos: Dyed eggs and dead technology

    Your Week in Viral Videos: Dyed eggs and dead technology

    Saturday, April 19 2014 5:41 PM EDT2014-04-19 21:41:28 GMT
    (RNN) – Easter is Sunday, and you’ve probably dyed a few eggs or know someone who has.Make sure you remember where you hid them, because you don’t want to come across them in July and have an unfortunate smell to deal with.Eggs will get their annual day in the sun Monday at the White House Easter Egg Roll, which is being protested by People for the Ethical Treatment of Animals.PETA doesn’t have a problem with rolling eggs, but it does have a problem with those eggs coming from chickens, so, i...More >>
    (RNN) – Easter is Sunday, and you’ve probably dyed a few eggs or know someone who has.Make sure you remember where you hid them, because you don’t want to come across them in July and have an unfortunate smell to deal with.Eggs will get their annual day in the sun Monday at the White House Easter Egg Roll, which is being protested by People for the Ethical Treatment of Animals.PETA doesn’t have a problem with rolling eggs, but it does have a problem with those eggs coming from chickens, so, i...More >>
  • Holy fire ceremony draws thousands in Jerusalem

    Holy fire ceremony draws thousands in Jerusalem

    Saturday, April 19 2014 5:38 PM EDT2014-04-19 21:38:21 GMT
    The dark hall inside Christianity's holiest shrine was illuminated with the flames from thousands of candles on Saturday as worshippers participated in the holy fire ceremony, a momentous spiritual event in...More >>
    The dark hall inside Christianity's holiest shrine was illuminated with the flames from thousands of candles on Saturday as worshippers participated in the holy fire ceremony, a momentous spiritual event in Orthodox...More >>
PHOENIX (AP) -

A bill supported by top Republican Legislative leaders that would replace pensions for new judges and other elected officials with a 401(k)-style retirement plan has failed in the Arizona Senate.

Senate President Andy Biggs says he believes the bill will eventually pass. It was defeated Tuesday on a 12-12 vote with four Republicans and two Democrats absent.

The House has already voted to eliminate the pensions.

If it becomes law House Bill 2608 only applies to new elected officials. The Elected Officials Retirement Plan only has assets to cover about 58 percent of its liabilities and has more retirees and their survivors drawing benefits than active members.

Most judges, state legislators, elected officials at the state and county level and some city officials are in the plan.

Copyright 2013 Associated Press.  All rights reserved.

Powered by WorldNow