Desperate measures only add to NY’s pension perils by E.J. McMahon | New York Post

During the first few years after Wall Street prices bottomed out in 2009, public-pension funds across the country reaped double-digit returns. They were riding a bull market pumped up by ultra-low interest rates, and it wouldn’t last.

Now pension managers have been struggling to break even — the predictable outcome of a funding strategy that continues to expose taxpayers to unreasonable long-term risks.

State OKs More Double Dips Press Releases

More than 500 people have sought and received permission to collect public pensions while being paid by state or local governments since 2015, according to data added today to SeeThroughNY.

Editorial: Pensions must be sustainable The Leader-Herald

A recent report from the Empire Center shows the average New York state teacher who retired after working 30 years for the state's public schools collected an average of $67,476 per year in pension income, which is not subject to state income tax or federal payroll tax. These pension recipients are also eligible for Social Security and often have free or low- cost health insurance.

Study details pensions of veteran educators Times Union

Teachers, principals, superintendents and other public school employees in the Capital Region who retired last year with at least 30 years of service earned an average pension of $60,466, according to new data from the Empire Center.