Government unions campaign to repeal New York pension spiking reforms
Updated
Updated · The Washington Post · May 6
Government unions campaign to repeal New York pension spiking reforms
13 articles · Updated · The Washington Post · May 6
The push targets 2009 and 2012 state measures that curbed late-career overtime used to boost public employees' retirement benefits.
An Empire Center for Public Policy report says some workers receive pensions larger than their salaries because of overtime-loaded final years.
Supporters of the reforms argue pension spiking shifts higher long-term costs onto taxpayers, while unions seek bigger payouts for members nearing retirement.
Why can some public employees retire with pensions larger than their salaries, and should this practice be expanded?
Will reversing New York's pension reforms ultimately cost taxpayers over $100 billion?
As New York debates pension changes, could a repeat of past property tax hikes be imminent?