Saturday, January 22, 2011

House Speaker Kirk Adams won't participate in state pension system

House Speaker Kirk Adams has withdrawn from the Elected Officials' Retirement Plan, saying he does not want to benefit from Arizona's best public-pension system when he is trying to overhaul it along with three other statewide retirement programs that also are financially troubled.
"I felt compelled to remove myself from the state retirement system. I felt it was important to put my money where my mouth was," said Adams, a vocal critic of the pension systems.

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