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PRINTER FRIENDLY

June 30, 2009

“Non-controversial”?

E.J. McMahon

The short list of “critical, non-controversial” measures Governor Paterson has sent the deadlocked state Senate for possible action tonight includes a bill authorizing Nassau County to issue bonds to finance early retirement incentives for county employees.  Pursuant to an agreement between County Executive Thomas Suozzi and his local Civil Service Employees Association (CSEA), the county reportedly plans to issue $65 million in 10-year bonds to finance added severance payments of $1,000 per year of service for several hundred employees — in addition to their generous, taxpayer-guaranteed public pension and post-employment health benefits, that is.  The goal is to clear workers off the county payroll without layoffs.

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