Important information that HART is not telling you about FRS.
Updated On: Aug 09, 2012
On July 1st, 2012 the House Bill 5005 goes into effect, which will lower the contributions of the employer to the FRS for Investment Contributions. This will be a big savings to HART meanwhile a loss to the employees. This is an attempt by the state legislature to lower pensions for their employees and save employers money.
Please read up on this and call the toll free number located at the bottom of the page for any questions.