New York’s pension sweeteners can cost $1.5 billion a year

New York's pension sweeteners can cost $1.5 billion a year

A union plan to improve retirement benefits for newly hired public workers would cost taxpayers about $1.5 billion a year, according to people briefed on the proposal. The union’s plan to change the Tier VI pension law is the beginning of making changes as part of the state’s $263 billion budget, officials said. The proposal … Read more

The increase in the pension age to 67 starts today – that’s when you can retire

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