Posted: | April 22, 2015 04:31 PM |
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From: | Senator Scott Wagner |
To: | All Senate members |
Subject: | Taxpayer Fairness in Compensation Act |
Crafting a balanced state budget becomes more and more difficult every year due to rising costs and other economic factors. It is incumbent upon the General Assembly to begin to make the tough choices necessary to rein in state spending. As a member of the Senate Appropriations committee I attended thirty three of the thirty five hearings. Having sat through the Appropriations Committee hearings, it is very clear that one of the largest drivers of cost increases is personnel and benefits. Unfortunately, we continue to see news story after news story highlighting the huge disparities that exist between the salary and benefits of public employees versus the salary and benefits that are being paid to private sector employees – the very individuals whose taxes are funding the government employee’s compensation. To that end, I intend to introduce legislation that will eliminate that disparity, bringing public employee compensation in line with that of the taxpayers who are responsible for the cost. My legislation will prevent any government entity from entering into a new employment contract that:
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