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Friday, May 24, 2013
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IDA pension bill passes Assembly

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A bill that would restore pension credits for 12 Jefferson County residents has passed the state Assembly, said its sponsor, Assemblywoman Addie J. Russell, D-Theresa.

Late last week, the bill's fate was unknown due to union opposition, but a change in the effective date helped placate its opposition.

Twelve employees of Jefferson County Industrial Development Agency sub-organizataions lost their pension benefits earlier this year owing to a dispute over their legal status.

The bill will likely be voted on in the state Senate tomorrow, where it will also need to pass.

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