For Silver, who has served 38 years as an assemblyman, that would mean a $87,120 annual pension — or an estimated total $1.15 million over his expected life span, according to the Albany-based think tank Empire Center for Public Policy. Read More
Tag: Sheldon Silver
Say this for Sheldon Silver, who steps down today after more than two decades as state Assembly speaker: He’s doing New York taxpayers an unexpected favor. Not only will Silver be saving taxpayers nearly $10,000 a year by not giving up his Assembly seat, he’s driving home a much-needed lesson about the urgent need for public-pension reform. Read More