As part of his 2012-13 budget legislation, Governor Cuomo has proposed the most significant and potentially far-reaching reform of New York public pensions in at least 36 years. While the governor’s plan is far from being an ideal solution to the problem of exploding pension costs and long-term liabilities, it includes some significant steps in the right direction, which are worthy of serious consideration and support. Read More
Category: Testimony
This testimony discusses one key proposal of the Governor’s Human Service Budget – managing the SSI State Supplement. As part of his SFY 2012-13 Executive Budget, Governor Andrew Cuomo has included a long overdue initiative for the state to take over the administration of New York’s Supplemental Security Income (SSI) state supplemental payment from the federal Social Security Administration. Read More
