New York officials unveiled a series of workers' compensation reform measures that are intended to increase benefits for the injured and cut costs for employers.
New York Governor Eliot Spitzer today announced an agreement between the legislative and executive branches to reform the state's system that would increase benefits for injured workers over a four-year period. At the same time, employers' costs would be cut 10-to-15 percent and more over time.
"This is a remarkable win-win situation for both workers and employers," said Gov. Spitzer.
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