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'Jumbo pensions' spark state funding debate
As state officials struggle to close gaping holes in the budget and deal with skyrocketing retirement costs, records show that at least 1,325 retirees collect six-figure pensions from the state - and nearly one-half of them are from Long Island.
The number and size of so-called jumbo pensions, fueled by high public salaries and generous retirement rules, lie at the heart of the debate over...
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