![](https://www.ocpathink.org/imager/assets/img/6102/AdobeStock_59981296_faf0f5e1c8d3cc67aaca19b3034463cf.jpeg)
House lawmakers have voted to increase benefit payments to some state government retirees, but have chosen not to provide an appropriation to fund the additional expense. Instead, lawmakers voted to raid pension system assets to cover the cost of the higher monthly payments, which will reduce the systems’ solvency, and they advanced the bill despite lacking any firm estimate of the associated cost.
(Feed generated with FetchRSS)
![](https://www.ocpathink.org/imager/assets/img/6102/AdobeStock_59981296_faf0f5e1c8d3cc67aaca19b3034463cf.jpeg)
by Ray Carter