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New York Pension System

One Small Step

Henry J. Stern | Posted 12.31.2011 | New York
Henry J. Stern

The agreement reached Thursday by Mayor Bloomberg, Comptroller Liu, and leading labor unions provides hope that 2012 will be a year of pension reform, but such hopes have previously arisen and been dashed.

Double Standard for the Times; But Then Why Not? Bloomberg Owns This Town

Leonie Haimson | Posted 05.25.2011 | New York
Leonie Haimson

In the mind of the Times, accountability for billions of dollars in tax funds for public education meant that one man alone, namely Bloomberg, should continue to have total control.

Pension Costs For New York Local Governments May Triple

New York Times | DANNY HAKIM | Posted 05.25.2011 | New York

Local governments in New York State face an unprecedented increase in pension costs that will force them to triple their contributions to the state pe...

Bloomberg: Pension System Is "Out Of Control"

nytimes.com | MICHAEL BARBARO | Posted 05.25.2011 | New York

Pension costs have ballooned, Mayor Bloomberg says, threatening to bankrupt the city. Municipal unions and lawmakers in Albany created the crisis, he...