opinion

Should governments be able to break union contracts, outside the normal negotiation process, to balance their budgets?


By PBN Staff
Posted 3/19/09

One of the reasons given for allowing AIG's derivative traders to collect bonus pay for 2008 is that they were part of the employment contracts the company signed with them.

At the same time, state and local governments in Rhode Island have been proposing changes to public sector employees that call for pension and health care changes that have not gone through the normal process of collective bargaining.

Should a government be allowed to impose unilateral changes in previously agreed-upon working conditions without either negotiating for the changes or declaring bankruptcy, which would allow all contracts to be canceled?

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