Sentences with phrase «salary giveback»
Salary giveback schemes intended to inflate earnings for pension calculation purposes.
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The savings would come from a lack of broad - based salary increases, plus health care givebacks such as an increase in the share of insurance premiums paid for by workers and retirees.
All budget options are said to be on the table, including property tax increases above the tax cap, some union givebacks (but not a giveback of their contractual salary increase), and a return of the so - called «nuisance taxes,» including the Real Estate Transfer Tax and the Income Tax Surcharge.