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New York taxpayers have been hit with enormous increases in pension costs for state and local government employees over the past 20 years. From less than $1 billion in 2000, combined annual employer contributions to the Empire State’s public pension funds escalated to nearly $10 billion by 2010, peaking at nearly $17 billion in 2015. Contributions have leveled off at roughly $16 billion in recent years—but under lenient government accounting standards, even that figure conceals the full long-term cost of generous, locked-in pension benefits for generations of retired government employees.  Read More

New Yorkers should be on high alert in the wake of a new study issued last month concerning the ambitious climate law signed by then-Gov. Andrew Cuomo in July 2019 that mandates goals and timetables for the state’s transition from fossil fuels to r Read More

A new Empire Center report reveals that the New York Medicaid program now covers more individuals above the poverty line than below it. The government-financed health plan has traditionally focused on the indigent and disabled. Buts its rolls have recently surged to 7.2 million—more than one-third of the state’s population— despite a decline in New York’s poverty rate.  Read More