May 15, 2014
Re: Interest Arbitration Update
Today marks seven 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 anticipation of the voting session, the Presidents of the League, New Jersey Urban Mayors Association, Conference of Mayors and New Jersey Association of Counties sent the following letter, reiterating the need for quick action on the extension of the cap, to the members of the Assembly: http://njslom.org/documents/Local_Government_Coalition_Letter_5-12-14-Extension_of_Interest_Arbitration_Cap.pdf
Questions on this legislation can be directed to either Lori Buckelew at 609-695-3481 or firstname.lastname@example.org x112 or Mike Cerra at 609-695-3481 x120 or email@example.com.
Very truly yours,
William G. Dressel, Jr.