Debate over pension plan has familiar ring
GalleriesTop ten state pension holders on LI
The trendiest of fiscal slogans and buzz-phrases are now flying over Gov. Andrew M. Cuomo's proposal to quickly reduce pension expenses for local governments and school districts.
Cuomo would cut the required payments by allowing these localities to start paying a flat percentage of costs year-to-year over a long period. One supporter of such a change, who suggested it last summer, is State...