Statehouse Speaker Lays Out Pension Reform.

Which state house speaker has a pension reform plan? Virginia

What goals does the Virginia Speaker want to achieve?

• Change from defined pension benefits to defined contributions
• Create the Virginia Commission on Employment Security & Pension Reform
•  Reduce the $22.6 billion in unfunded long-term liabilities
• Create a retirement system that attracts & retains employees

Are the Speaker’s pension reform plans supported by state employees and teachers impacted by the reforms? No

The Daily Progress | Speaker’s pension reform push faces budget headwinds, workforce concerns