Government talks up brown coal jobs
But the governor’s budget proposal to slash the budget for state Department of Environmental Protection and the state Bureau of Environmental Services is a big boon for coal miners, who are struggling to pay for the cost of their retirement and the health ca더킹카지노re costs to which their families are exposed. The budget is a way to make more money for the state, including for the coal industry.
State Senate Majority Leader Joe Panjota, R-Coralville, said he didn’t think the budget would change the outcome of the pension talks, but said the budget would help close some budgetary gaps that miners continue to run up as coal mining declines further.
The budget has the support of Democratic Assembly President Steve Sweeney, a Newport Republican, and the Democrats’ control of thjarvees.come Legislature. It could force Sweeney to bring the retirement cost issue to a vote, but Sweeney said he believes the talks are “fair and reasonable.”
“I don’t know that there’s anything that we would say would change (the outcome),” Sweeney said.
He said while the state has spent too much of its time negotiating pensions, it also has to balance its budget, which means there are more cuts than cuts if the budget doesn’t get balanced by 2018.
He said he expected that many miners would be pleased with the budget’s savings and hopes it provides some money for more coal miners to retire.
Some retirees also applauded the budget.
“It’s not fair because we’ve got some guys that are struggling today and going to retire in two to three decades,” said Jeff Duchon, who retired in 2014 at the age of 70. “And yet we’re not spending some of those retirement dollars right now.”
Mining operations across the state
The state is dealing with a $40 million shortfa더킹카지노ll in the state’s pension contributions — an area of concern for all companies, according to an April 2014 report from the Maine Institute of Technology’s Institute for the Science of Industry. The funding gap led the state’s largest pension fund in 2009 to delay payments for 20 years.
The coal sector doesn’t receive a penny from the state’s pension budget, meaning about 80 percent of retirement benefits are earmarked for mining companies for the next several decades, leaving the state’s employees to pick up the $7.2 billion gap.
The state recently approved a $45 million “health and benefits” fund, which is supposed to make up the gap to meet retirees’ health care costs over the coming decades. I