Heard the pension will be changing back to being vested at 5 years instead of 10 years. Is this true?Yes, if approved by the Governor, vesting for actively employed general state employees in the MSEP 2011 will be 5 years, effective January 1, 2018.
The Governor has until July 14 to take action on the bill (sign it, veto it, or allow it to become law without his signature).
For more information, please see our Legislative Update and our response to Rumor Central questions on vesting.
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