Tuesday, May 13, 2008

Rule of 92?! MUCH better than nothing

I have some exciting news to share with you, and an opportunity for action (of course!). Late last night the pension bill, which previously had absolutely no benefit improvement for active teachers, was amended by Paul Thissen to include a very healthy compromise. While his amendment is not the “true” Rule of 90, it is a significant improvement and deserves to move forward.

Representative Thissen’s amendment includes a few very important things:
1. It lowers the normal retirement age from 66 to 65
2. Provides a new 2.0 multiplier (improved from 1.7)
3. Permits retirement with no penalty if a teacher has 30 years of service and is 62 years old

I need you to encourage members of the House to pass this amended pension bill (House File 3082 including amendment 920) and send it to the conference committee. Please contact your House member. Tell them how excited you are that we have the opportunity to see a real pension benefit for active teachers. I have included the addresses and phone numbers of St. Paul House members as a start.

DO NOT USE YOUR SCHOOL EMAIL ACCOUNT OR YOUR SCHOOL PHONE TO CONTACT THEM. PLEASE USE YOUR PERSONAL EMAIL AND A PERSONAL PHONE. (Sorry if it seems like I yelled that part, it’s just really, really important. Thanks.)

House members can be reached by email with the following formula: rep.firstname.lastname@house.mn

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