Jan 2, 2025- Update on hybrid pension bills

Members,

Happy New Year to everyone. The hybrid pension bills are still in place and did not expire on Dec. 31, 2024. The bills are at the final step in the process, which is moving to the Governor’s desk for her signature which would pass them into law. Once the bills are presented to the Governor, she has a 14 day time period to sign them. We are monitoring this process closely and will provide further updates as soon as possible.

B. Osborn
MCO President