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May 8, 2014

Re:    Update on Interest Arbitration Cap

Dear Mayor:

It has been six weeks since the Governor and the State Senate took action to extend the strict 2% cap on interest arbitration awards.  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.  

At this time, the Assembly is next scheduled to come back to Trenton for a voting session on Thursday, May 22nd.   If you are interested in being involved in the League’s lobbying efforts on this issue please contact Mike Cerra at 609-695-3481 x120 or mcerra@njslom.com.

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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