Sponsored by the Empire Center for Public Policy

State and local government employees in New York collect taxpayer-guaranteed pension benefits that are far more generous than those available to most private-sector workers.

(Use the calculator at left to see just how generous those benefits can be.)

The cost of public pensions is about to blow through the roof, with financial consequences that could affect generations of New Yorkers to come. And it's not just pensions: state and local governments have promised over $200 billion in post-retirement health care -- but set aside no money to pay for it.

To learn more about the problem:

Passing The Pension Bomb