June 2nd, 2008
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| Senior Member | | Join Date: Sep 2007
Posts: 23,518
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 One plan to fix state's debt: Get workers to give back
June 2nd, 2008 05:00 AM - Business and taxpayer groups, anxious that the state has made little headway in reducing more than $90 billion in unfunded debt, are pressing Gov. Blagojevich to extract concessions from union workers on pension benefits and health care. The organizations sent a letter to the governor saying negotiations with state government's major unions provide the opportunity to scale back pension increases and order new employer contributions for health insurance. They also said Blagojevich needs to move quickly to reduce the state's pension gap, estimated at $44 billion beyond what it can pay.
BY DAVID ROEDER droeder@suntimes.com
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