BATON ROUGE, La. (AP) — Gov. Bobby Jindal's proposal to hike the amount rank-and-file state workers pay for retirement has advanced to the full House for debate, despite criticism that tying it to pay raises could cost the state more than it benefits.
It's unclear when the 2 percentage point increase in pension contributions would be levied on employees, since workers would have to get a 4 percent salary boost before a four-year phase-in of the contribution increase could begin.
The proposal has been heavily reworked by lawmakers since Jindal first proposed it in a package of pension changes that he said would help decrease a multibillion state retirement debt.
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