By Barry Massey
The Associated Press
SANTA FE — Teachers and other educators will pay more into their pension program to help shore up its long-term finances under a proposal approved Wednesday by the House.
Besides higher payroll contributions by workers earning more than $20,000, the proposal will change pension benefits for educators hired in the future, including imposing a minimum retirement age of 55 and delaying when they could receive cost-of-living adjustments in their retirement checks.
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