Gov. Susana Martinez
Gov. Susana Martinez supports a proposed constitutional amendment that would let voters decide whether state lawmakers should continue receiving retirement benefits, the Albuquerque Journal is reporting.
From the article:
“Gov. Susana Martinez supports a constitutional amendment – which would have to be approved by voters – to kill the retirement program.
“‘Given the generosity of these legislative pensions, and the significant expansion of these benefits throughout the years, I believe that voters should have the chance to weigh in on this important issue and evaluate the appropriateness of these pension benefits,’ Martinez said last week.
“The governor made the comments while signing into law a bill to increase from $500 to $600 the annual amount that each legislator must contribute to the retirement plan.
“‘I am signing this bill based on my conviction that legislative member contributions are woefully inadequate in comparison to the taxpayer-funded benefits they generate,’ Martinez said.”
Read the full article here.