Reforming New York City's Public Retirement System

Reforming New York City's Public Retirement System
(AP Photo/John Minchillo File)
For
years, the Manhattan Institute has warned about the unsustainability of New York City's public retirement system. "Pension contributions stand at a near-record 11% of the city's total budgetâ?"and 36% of payroll alone," wrote E. J. McMahon and Josh McGee in 2017. "They consume 17%... Read Full Article »


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