Local News

State Representative Avery Bourne (R-Raymond) is co-sponsoring legislation. House Bill 138 would phase out pensions for the General Assembly. Representative Bourne has also refused a legislative pension, and has also sponsored legislation for term limits, and “no budget, no pay.” Legislative analysts have projected that by the end of June, the five pension systems will need about $131 billion to cover the benefits already earned by public workers, with only $46 billion in expected assets to cover the costs. 

 
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