A study commission that would have looked at instituting a defined contribution retirement plan (ie a 401(k) style plan) for state employees failed to make it pass a committee of conference.
Both the Senate and the House, while agreeing in principle to study the idea of implementing a defined contribution plan, they had passed differing versions [...]

A bill that would have created a new 401(k) style plan for State Employees has been amended to scrap the original proposal over concerns over a possible $1.2 Billion transition cost and instead create a 17 member Study Commission to look at such a plan in more detail.
Members of the Commission will include legislators, representatives [...]

As reported by Bloomberg, the New York Assembly has rejected Gov. Cuomo’s retirement reform plan. While Republicans were in favor of the reform, Democrats who control the body were opposed to the measure.

Pension reform is a hot topic both here in NH and across the country. Here are some of the reform measures currently underway in other states:

This morning the Josiah Bartlett Center released this new study on the current financial state of the New Hampshire Retirement System.