Laserfiche WebLink
0 <br />CONSIDERATIONS IN IMPLEMENTING <br />SECOND -TIER BENEFIT PLANS <br />■ Does little to address current funding status / short -term costs <br />■ Savings accrue to agency over long -term (10 -20 years) as new <br />employees retiree and workforce "turns- over" <br />■ Potential to create internal "equity" issues <br />■ Consideration of means to mitigate significant inequities <br />■ Absent state action to address retroactive benefit enhancements, <br />future actions could re- establish enhanced benefit plans <br />16 <br />