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Cuomo budget offers 'stable' pension option

New York State municipalities could save money over the short term with lower pension contributions for a number of years under Gov. Andrew M. Cuomo's new budget plan, but the amount they kick in would have to increase in later years to make up for any shortfall.

To put a brake on soaring pension contributions, Cuomo would offer cash-poor counties, cities, towns and school districts the option...

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