The bill effectively ends collective bargaining for medical benefits on behalf of 500,000 public workers.
Police, firefighters, teachers, and all public workers will pay more for their benefits. The new bill:
Requires current employees to give up more of their salary into the pension system.
Eliminates annual cost of living increases.
Pays a percentage of their health care premiums in a tiered system based on their salary.
Requires new employees to work longer to get full benefits.
Contractually requires the state to make payments into the health fund.
Appoints a labor-management board system to be put in place to monitor the system.
Removes up the governor's right to impose a contract and instead appoint a mediator if impasses arise.
Effective immediately teachers and state employees will increase their pension contributions from 5.5% to 6.5% with another 1% increase phased in over seven years.
State police, firefighters, and municipal law enforcement will increase their contributions from 8.5% of their salary to 10%.
Judges will see increases from 3% to 12% contributions.