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So, what to make of this Tier 6 pension thing? Is it truly “bold and transformational” ? Read More

President Obama recently announced his intention to restrict what can be sold in private vending machines at public schools as a way to address the obesity crisis among children and youth. Read More

With two weeks left in the state fiscal year, Albany's annual budget adoption process has been overshadowed by the once-a-decade imperative of reapportionment. Read More

The agreed-upon Tier 6 bill restores much of the benefit reduction originally proposed by Governor Cuomo–especially for career employees. Read More

Based on initial reports of Governor Cuomo’s pension deal with the Legislature –no defined-contribution option,* more marginal changes in other benefit levels for traditional defined-benefit pensions– the union reaction is absurdly (if predictably) over the top. Read More

Seventy-one percent of New York State’s public school teachers support giving new teachers a choice between a defined-contribution retirement plan and a traditional defined-benefit pension, according to a statewide poll conducted for the Empire Center for Public Policy. Read More

Well, what do you know? Seventy-one percent of public school teachers in New York think new teachers should be able to choose between a traditional defined-benefit pension and a defined-contribution (DC) plan, like the one available to State University of New York (SUNY) professors for nearly 50 years, according to a poll the Empire Center poll released today... Read More

Assembly Speaker Sheldon Silver is insisting that Gov. Cuomo “negotiate” his plans to reform New York’s outdated pension systems with the public-employee unions — which misses the biggest point of reform. Read More