#pension-costs

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NYC parents
fromNew York Post
1 day ago

Hochul in talks to make fat pork union deal that could lower retirement age for teachers to 55 - at staggering cost to taxpayers

Gov. Kathy Hochul is considering a $1.5 billion deal to lower retirement age for public workers from 62 to 55, impacting taxpayers significantly.
fromGothamist
1 day ago

New York pension sweeteners could cost $1.5 billion a year

"I think this is a worthwhile investment in the future so that we are protecting the workforce and people can live with the dignity they deserve" when they retire, said state Sen. Jessica Ramos, a Queens Democrat.
Retirement
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