Branstad Vetoes Create Pension Insecurity for Thousands of Peace Officers and Judicial Branch Employees

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DES MOINES – Iowa Democratic Party Executive Director Troy Price today issued the following statement after Governor Terry Branstad line item vetoed $91.3 million for the Peace Officers Retirement Fund and an additional $18.9 million for the Judicial Retirement Fund.  The funding was included in bi-partisan legislation passed by the legislature during this year’s legislative session.

“This morning thousands of Iowans who have given their lives in service to our state woke up with greater uncertainty about their pensions and retirement.  Iowa’s retired peace officers and judicial officials have helped make our streets safer and our communities stronger.  These dedicated individuals deserve our respect and the least we as a state can do is fulfill our commitments to their retirement.  Unfortunately, Governor Branstad has decided to line-item veto the funding for these pension funds, creating insecurity for tens of thousands of Iowans and going against our Iowa values of showing respect for those who have done so much for us.  It is increasingly clear that Terry Branstad is more interested in causing problems than fixing them, and it’s time for him to go.

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