Establishing financial parameters for public employment contracts +under the public employment labor relations act (PELRA); defining structural +balance calculation, terms and conditions of employment and uniform costing methodology; prohibiting public employers from meeting and +negotiating on inherent managerial policy matters and expanding the matters listed +to calculations of structural balance and the design, terms or selection+ of a group insurance plan; removing the exception for essential employees +from the prohibition on arbitration relating to employer payment of premiums +for group insurance coverage of retired employees; further restricting the +right of public employees to strike based on the final offer; requiring public+ employer or arbitrator structural balance calculations based on the uniform +costing methodology before entering into collective bargaining contracts or +issuing interest arbitration awards; repealing the school district +structurally balanced budgets requirement relating to the approval of collective +bargaining agreements (mk)