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Start Spreadin' the News: Time to Defuse NYC's Pension Bomb
New York Daily News 
[Opinion] May 1, 2017 "New York City's pension costs will soon displace social services as the second-biggest spending category in the city budget, consuming the equivalent of more than 80 cents out of every dollar raised by the city's personal income tax. But even with annual contributions approaching the once-unimaginable level of $10 billion a year -- more than the entire budgets of all but a handful of large cities -- the city remains vulnerable to a pension funding crisis within the next few years." MORE >> |
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