Special Session Could Pit Perks for Major Company Against State Employees’ Pensions

Governor Nixon is considering a special legislative session to pass a bill to offer Ford Motor Company $150 million in tax incentives.  The state would “pay for” the incentives through significant cuts to pension benefits for state employees. While $150 million may be a small amount compared to Ford’s first quarter 2010 profits of $2.1 billion, it is a major sum for Missouri’s state employees who remain the lowest paid in the nation. Click here to read a new Policy Pulse article on this timely topic.