Login

Register | Forgot Your Password? | Close
Register | Forgot Your Password? | Close

PHOENIX -- A plan championed by Arizona House Speaker Andy Tobin would eliminate pensions for new elected officials and judges and replace them with 401(k) style retirement plans.

The bill introduced Thursday makes good on a promise Tobin and fellow Republican Rep. Phil Lovas made earlier this year.

The proposal will not impact current elected officials or judges. New officials would instead be able to enroll in the new plan.

A similar bill is expected to be introduced in the Arizona Senate.

Superior Court judges have said changing the retirement system could discourage highly qualified lawyers from serving on the bench.

Associated Press,

share this story:
Attention KTAR.com Comment Users: We have recently changed our comments boards.
We would like you to be part of the conversation and The Voice of Arizona by logging in with your Facebook, Twitter, Google+ or Disqus account. Existing KTAR (Arizona Sports) account members will need to create a Disqus account or use one of the aforementioned social media logins. Thank you.
comments powered by Disqus

World Class Arizona

  • Dignity Health

    World Class People. World Class Company. Excellent care, delivered with compassion, for all in need.
  • CopperPoint Mutual Insurance Company

    SCF Arizona has a new name. They are now CopperPoint Mutual Insurance Company.
  • Taylor Morrison

    World Class People. World Class Company. We are a national home builder committed to building homes inspired by you.
  • Go Daddy

    World Class People. World Class Company. Go Daddy is a Fortune 100 "Best Companies to Work For."
  • Avnet

    World Class People. World Class Company. Here's information on a Fortune 500 company from Arizona.

Voice For A Better Arizona

  • Working For Arizona

    The business and economics of Arizona at the start of 2014 and looking forward.
  • Arizonans In Need

    Putting a focus on charities and organizations who provide help and/or need your help to fulfill their missions.
close

Share: