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New Jersey Legislature Approves Cuts In Benefits

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New Jersey Legislature Approves Cuts In Benefits

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New Jersey Legislature Approves Cuts In Benefits

New Jersey Legislature Approves Cuts In Benefits

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State lawmakers have approved deep cuts in benefits for government workers and retirees in New Jersey. State and local workers will have to contribute more to their health insurance and pension plans. And they'll lose collective bargaining rights over health benefits.

RENEE MONTAGNE, Host:

And Greeks aren't the only ones being asked to tighten their belts. Yesterday, the New Jersey legislature approved deep cuts and benefits for government workers and retirees.

STEVE INSKEEP, Host:

State and local workers would have to contribute more to their health insurance and pension plans and they will lose use collective bargaining rights over health benefits. The new legislation also raises retirement ages for public sector workers and suspends cost of living increases in their pensions.

MONTAGNE: The bill's passage is considered a major victory for Republican Governor Chris Christie.

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