#pension-costs

[ follow ]
#public-workers #welfare-spending #budget-cuts #poverty #political-debate #retirement-age #new-york-afl-cio
UK politics
fromwww.theguardian.com
2 days ago

A question for those desperate to cut benefits to fund defence: who exactly are you willing to impoverish? | Polly Toynbee

Welfare spending is often blamed for budget issues, but actual data shows it remains stable relative to GDP, with pension costs driving increases.
NYC parents
fromNew York Post
2 weeks 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
2 weeks 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
[ Load more ]