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In N.M., some public retirees targeted

 
By The Associated Press | Published: November 12, 2009    Comment on this article Leave a comment

SANTA FE, N.M. — Gov. Bill Richardson proposes to stop public employees from double-dipping by retiring and later returning to a government job while receiving a pension.

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The governor said Wednesday he’ll ask lawmakers to approve the measure during next year’s legislative session. A government worker can retire, wait 90 days and go back to work for the state, city or county without the loss of public pension benefits.

Richardson wants governmental retirees to wait a year before returning to work and he proposes to suspend their pensions.

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Related Topics: Politics, U.S. Politics, Business, World Politics, Pensions, Government and Politics, U.S. State Politics, New Mexico Politics



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