Below is a raw transcript of Senator Dick Dever’s testimony in favor of the reforming and closing out North Dakota’s current Defined Benefit pension. This is a raw computer generated transcript, it has not been edited or corrected.
Speaker 1
Well Mr. Chairman for the record. I am Dick Dever Senator from District 32. And I am here ... to express my longstanding opposition to moving to define contributions. Not because it's about providing the best benefits or anything like that, but because it's fiscally a disaster, ... I'm gonna start by by mentioning my experience in the Legislature Only 2 to indicate that this all seems so complicated to so many people.
But I am here to offer hope because if this simple mind can wrap himself around it then others can too. So I was elected in 2000 to start. My first session was 2001. There was a bill and I served on government veterans Affairs in the Senate at that time. There was a bill to move to define contributions and we've had multiple bills throu…
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