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Report: Public pensions will clobber LI

(April 16, 2008)

Photo credit: Gordon M. Grant | (April 16, 2008)

New York State taxpayers' contributions to the Teachers Retirement Fund could quadruple by 2016, perhaps rising to as high as $4.5 billion statewide, according to a new report released Tuesday by the Empire Center for New York State Policy, a conservative think tank.

Experts said Long Island could be particularly hard- hit, because of the region's high salaries for teachers and police officers.

Calling...

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