Good Legislative News!!
We have heard from our representative that the 10 percent state tax exclusion on our pension, approved by the Legislature, remains in effect for 2015. It survived the Implementers and is now part of the 2015 budget. The 25 percent state tax exclusion for 2016 and the 50 percent exclusion for 2017 remains as part of this law.
We thank all our members who took the time to contact their representatives to endorse this fairness issue, as well as those who attended Lobby Day to advocate for it.