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September 20, 2014, 8:59 am
970 WMAY News

Unions Propose Pension Fix, Includes More Employee Contributions


Public sector unions are offering their own alternative pension reform plan, one in which state workers and teachers would agree to pay more toward their own pensions, if the state guarantees that it will make all of its required pension payments in the future.

 

The unions say the plans currently up for discussion during Friday’s special legislative session are unconstitutional, but say the pension crisis can be fixed through a combination of state payments, increased employee contributions, and the closing of millions of dollars in corporate tax loopholes.

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