End of Trust System Could Wait Until 2011

By Michael Whiteley, Eastern Bureau ChiefA task force's recommendation to abolish New York's troubled group self-insured trust system by year's end probably will have to wait until the 2011 session of the state Legislature, a top aide to Senate Labor Committee Chairman George Onorato said Wednesday.Janet Kash, Onorato's chief of staff, said after conferring with the Senate labor chief that lawmakers are scrambling to find a way in the next few weeks to help pay down $498 million in liabilities left by the failure of 15 trusts since 2006. She said structural changes to the syste...