TITLE

The twist in guvs’ pension dilemma

AUTHOR(S)
David, Greg
PUB. DATE
June 2011
SOURCE
Crain's New York Business;6/13/2011, Vol. 27 Issue 24, p0011
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on New York Governor Andrew Cuomo and New Jersey Governor Chris Christie's announcement to cut pensions for state employees. It states that Cuomo's proposal raises state and city workers' retirement age to 65 and increases their retirement contributions to 6% while Christie plans to raise it to 6.5% in addition to 30% of retirement health benefit. It also discusses the issues concerning the proposal such as larger pensions and better health care for public-sector workers.
ACCESSION #
65224218

 

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