US EditionState Senate approves $90 million investment in PERS plan
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State Senate approves $90 million investment in PERS plan
BISMARCK, ND (KXNET) — On Wednesday, state lawmakers said 'yes' to an idea to put more money into the public employee retirement system (PERS) plan. State senators unanimously approved House Bill 1234, which will transfer $25 million from the Strategic Investment and Improvements Fund to the PERS Main Retirement System. The bill will also transfer $65 million from the state's oil tax revenue into PERS. Lawmakers who support the idea say the mone…
·North Dakota, United States
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