Judicial pension reform plan clears House
Coeur d'Alene Press | UPDATED 12 years, 9 months AGO
BOISE (AP) — A plan to revamp and fill a $14 million deficit in the retirement fund for Idaho judges has won approval in the House.
House lawmakers voted 48-22 Wednesday to approve the bill, which calls for increases in court fees and retirement contributions to offset the deficit.
After several failed attempts in recent years to address the struggling retirement program, lawmakers, judges and other officials compromised on legislation that now heads to the Senate — where prospects for passage are strong.
Blackfoot Rep. Dennis Lake endorsed the measure, which increases retirement contributions from the state and judges by 50 percent and raises civil filing fees by $8 to generate a $724,000 annual offset for the fund.
Coeur d'Alene Republican Rep. Bob Nonini objected, calling it a bailout caused by fiscal irresponsibility.