TRENTON - A package of public pension and health benefits reform bills introduced just two weeks ago is being fast-tracked through the New Jersey Senate.
The bills come before the full Senate Monday. Each has more than 21 co-sponsors - the minimum number needed to get through the Senate - virtually assuring their passage.
The measures cap the unused sick days retiring employees can cash at $15,000; require public workers to contribute at least 1.5 percent of their salaries toward their health insurance costs; and bar part-time workers from enrolling in the pension system.
Public worker unions oppose the changes; municipalities applaud the reforms for their future cost savings.
The pension system is underfunded by about $34 billion and at risk of becoming insolvent.
