Pension Perk Push: Senate Republicans Betray Taxpayers in Albany
Albany, New York – State Senate Republicans in Albany recently made a controversial move on Holy Thursday, drawing criticism for potentially increasing costs for state and local employees’ pensions. The state’s taxpayer-guaranteed public-pension system has been a point of contention, with lawmakers in Albany pressing for changes that could impact pension benefits for thousands of employees. The issue stems from the escalating costs of pensions over the years, jumping from under $1 billion in 2000 …