The PEIA Finance Board has released its proposed fiscal plan for next year.
Here are the facts:
There is a $27,800,000 gap for active employees in PEIA for 2019.
Given that $20,000,000 has been allocated in the state budget, the PEIA Finance Board is proposing over $7 million in benefit reductions and $500,000 in increased employee premiums.
The Finance Board has proposed benefit cuts and premium changes.
Click here to learn about the proposed changes and plan to speak at a PEIA public hearing near you!