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Mayors Say Cuomo's Pension Changes Would Merely Kick Pension Can Down the Road for 25 Years
Bloomberg 
Jan. 30, 2013
"The measure would cut retirement costs for New York municipalities for five years, while locking in contribution rates for 25 years. The critics call it a form of borrowing that may leave localities overpaying and weaken New York's pensions, the nation's fourth best-funded."
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