Pension contributions
Requires employees who pay into the Wisconsin Retirement System to contribute 50 percent of their annual pension payment. That amount is estimated to be 5.8% of salary in 2011.
Health insurance contributions
Requires state employees to pay at least 12.6% of the average cost of annual premiums. Require changes to the plan design necessary to reduce current premiums by 5%. Local employers participating in the Public Employers Group Health Insurance plan would be prohibited from paying more than 88% of the lowest cost plan.
Collective bargaining
Makes various changes to limit collective bargaining for most public employees to wages. Total wage increases could not exceed a cap based on inflation unless approved by referendum. Contracts would be limited to one year and wages would be frozen until a new contract is settled. Collective bargaining units are required to take annual votes to maintain certification as a union. Employers would be prohibited from collecting union dues, and members of collective bargaining units would not be required to pay dues. Changes would be effective upon expiration of existing contracts. Law enforcement, fire employees and state troopers and inspectors would be exempt from the changes.
Limited term employees
Prohibits LTEs from being eligible for health insurance or participation in the Wisconsin Retirement System.
Absences and other work actions
Authorizes appointing agencies to terminate any employees who are absent for three days without approval or any employees participating in an organized action to stop or slow work if the governor has declared a state of emergency.
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Health care, academic workers
Repeals the authority of home health care workers, family child care workers, UW Hospitals and Clinics employees, and UW faculty and academic staff to collectively bargain.
Debt restructuring
Authorizes restructuring of principal payments in the current budget for general obligation bonds, reducing debt payment costs by $165 million.
Medicaid deficit
Increases general revenue for Medicaid to cover an estimated $153 million deficit.
Corrections
Provides $22 million to address shortfalls in the prisons budget.
Heating plants
Authorizes the Department of Administration to sell state heating plants, with the net proceeds deposited in the budget stabilization fund.