Monday, April 04, 2011

SB 5 Will Save Ohioans Over $1.19 Billion Annually

That's a lot of buckeyes.

Analysis Shows SB 5 Would Save Money

COLUMBUS, Ohio (WTVN) -- Ohio government analysts are estimating a new collective bargaining law could save the state about $191 million each year. And they say school districts, townships and other local governments could see more than $1 billion in savings annually.

The figures were released Monday by the state's Department of Administrative Services. The estimates were based on parts of the law dealing with health care costs and wages. The measure prohibits employers from paying more than 85 percent of workers' health insurance costs. It also gets rid of automatic pay increases and pay based on length of service.

I wish my employer paid 85% of my health insurance costs. You go Governor John! This is why we elected you.