News Headlines Article

What states are doing to rein in employee benefits
San Francisco Chronicle

A summary of what states around the country are doing to reduce the cost of employee benefits:

_ New Jersey: A new law suspends cost-of-living increases on pensions, raises retirement age to 65 for new hires, requires the state to start making its annual payment to the pension system, requires public workers to pay a portion of their health care premiums based on income, allows collective bargaining over health care to resume in four years.