Steve Levy calls for overhaul of state pension system
Suffolk County Executive Steve Levy, warning the present state pension system is about to "collapse like a house of cards," called an overhaul that would limit the amount of overtime included in pension calculations.
"The present public pension system is unsustainable," said Levy, noting that Suffolk County faces a $50 million increase in pension costs next year.
Levy, in a Hauppauge...
