Sentences with phrase «stable pension contribution rates»

The stable pension contribution rate for local governments and schools, submitted as part of the Executive Budget, will provide a new tool for local governments to access the long - term savings from Tier VI and have greater predictability in their fiscal planning.

Not exact matches

«Briefly put, the Governor's proposal endangers the pension funds by promising a stable rate of contributions over a 25 - year period, but the State is unlikely to be able to keep that promise.»