A controversial reform measure headed for the 2016 ballot could
cut public pension costs by giving taxpayers a say on retirement plans — but it could upend collective bargaining in the process, according to several analyses.
Not exact matches
It also must commit to
cutting back
pensions and
public spending by enough to step up its NATO spending to finance the bombing and destabilization of Syria and the Near East, and over and above this, to accept the
cost of supporting all the refugees caused by US policy and its foreign legion in the form of ISIS, Al quaeda and Al Nusra.
With the city facing more budget
cuts or even, as she suggested, «insolvency,» Miner was hoping for relief in an area where Albany is itself the prime culprit because of the exploding
cost of
pensions and benefits promised to
public employees.
An outside review of New York's $ 178 billion
pension fund for
public workers shows it has been managed responsibly for the past three years but needs more staff and higher pay to continue the quality performance and
cut costs for outside advisers.
The government is not taking account of
pensions, national insurance,
cost of living, increments, living wages and — crucially — the
cost to schools of picking up on
cuts to other
public services.
Those ideas are not popular with Republican lawmakers, who control both chambers of the state legislature and want to
cut costs by overhauling
public pension plans before considering new taxes.
The Colorado Supreme Court recently restored a measure of fiscal sanity to
public sector retirement law in the Centennial State by reversing a Court of Appeals ruling which said that the state could not
cut cost - of - living adjustments to help return the state's
pension system to health.
«With no independent barristers willing to prepare such cases after a 30 % fee
cut, the Ministry is now scrambling to try and solve the problem by employing barristers to the
Public Defender Service, leading to the additional
costs of employment such as holiday pay,
pension contributions and national insurance etc..