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May 1, 2014

Re:    Update on Interest Arbitration Cap

Dear Mayor:

It has been five weeks since the Governor and the State Senate took action to extend the strict 2% cap on interest arbitration awards.  At this time, the Assembly is next scheduled to come back to Trenton for a voting session on Thursday, May 22nd. 

In recent news accounts, Assembly Speaker Prieto has been quoted that he is negotiating with the Governor on a compromise that is good for everyone and looking to strike a balance between the taxpayers and public safety officials.  

Thanks to your efforts this important issue has resonated with State policy makers and has kept it as a high priority.  We urge you to continue your efforts to assure that the immediate extension of the interest arbitration cap is not lost or overlooked during the state budget debates.

Questions on this legislation can be directed to either Lori Buckelew at 609-695-3481 or lbuckelew@njslom.com x112 or Mike Cerra at 609-695-3481 x120 or mcerra@njslom.com.

Very truly yours,

William G. Dressel, Jr.
Executive Director

 

 

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