NY pols push to pad teacher, cop, gov’t worker pensions — and sock taxpayers with $4B bill
State lawmakers would make it easier to inflate the pensions of teachers, police officers and other state and local employees, costing taxpayers about $4 billion. New analysis shows. The proposed change, overwhelmingly supported by Paul in Albany after pressure from powerful labor unions in an election year, would immediately cost New York City taxpayers $163 […]
Staten Island DA and judge power couple criticized for ‘double dipping’ with six-figure pensions on top of $100K-plus salaries
The power couple of a Staten Island district attorney and a state Supreme Court judge are under intense scrutiny for taking a “double bottom” with their large taxpayer salaries and pensions. Prosecutor Michael McMahon and Judge Judith McMahon both earn six-figure salaries while also collecting government pensions likely exceeding $100,000, The Post has learned. Prosecutor […]
Retirees' Pensions Were Restored. Debate About It Hasn't Died. – The New York Times
Kathy Greene never paid much attention to what was happening in Congress. But when she learned that her pension would be cut by up to 30% under federal law, she became concerned. Green, who lives in Lake Stevens, Washington, applied for benefits in 2015 after plan participants warned her plan could fail. Her pension was […]