North Dakota
ND Senate passes overhaul of state employee retirement system
BISMARCK, N.D. (KFYR) – The North Dakota Senate on Friday handed an amended model of a invoice that overhauls the state’s worker retirement system.
HB 1040 turns an outlined profit plan to an outlined contribution plan for brand new state hires, in keeping with Sen. Shawn Vedaa, R-Velva.
The invoice handed the Senate on second studying 28-19.
The invoice now goes again to the Home for concurrence on amendments, earlier than going to Gov. Doug Burgum’s desk for signature.
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