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Proposal could cut employees’ take-home pay

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By Barry Massey
Associated Press

SANTA FE — Educators and state workers would see a drop in take-home pay next year under a budget-balancing proposal by a legislative committee that would require public employees to contribute more to their pensions while the state cuts its share by $50 million.

The pension shift is a key provision in a budget plan recommended Friday by the Legislative Finance Committee to trim state spending by $194 milliion, or an average of 3.5 percent next year.


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