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Letters to the State Comptroller and NYSTRS on the Governor's "Fixed Rate" Pension Contribution Plan

Feb 25, 2013

I am writing to share the views of the Citizens Budget Commission on Governor Andrew Cuomo’s proposal to allow local governments to opt into a “fixed rate” contribution plan to fund their public employee pension obligations. We believe this proposal would endanger the future financial viability of the pension plans and recommend you reject it.

	Letter to the Comptroller
	Letter to NYSTRS

Statement on Tier VI Reforms

Mar 15, 2012

Despite a concerted public relations campaign against the Governor’s pension reform proposal and rumors in recent days that major aspects would be abandoned, the bill that passed both houses of the State Legislature early this morning included important, beneficial changes in most components of the pension formulas that will determine benefits for future employees.

New York State’s Pension Plan

Mar 13, 2012

Deferrals of pension fund contributions by New York State and localities relies on unconvincing arguments by the State Comptroller that the plan is justified by the need for short-term relief from rising pension costs and that it is transparent.

Cuomo’s Reforms Are Perfectly Fair

Feb 22, 2012

Gov. Cuomo’s proposed “Tier VI” pension formula for future state and local government employees is more than fair by national standards. With New Yorkers now paying more than twice the US average per person for public-employee pensions, it’s time to rein in these costs.

Interactive Map: A More Flexible Pension Plan

Jan 26, 2012

Finally Retire New York's Overpriced Pensions

Jan 23, 2012

President Carol Kellermann pens an op-ed urging the legislature to pass Governor Cuomo's proposal to modernize the State's pension system by offering new employees a 401(k)-style option.

Carol Kellermann: Pension Reform is Highest Priority

Jan 17, 2012

President Carol Kellermann pens an op-ed urging Governor Cuomo to pursue pension reform in his 2012-2013 Executive Budget.

The First Priority in the New Year – Pension Reform

Jan 11, 2012

As 2012 begins and the New York State Legislature begins a new session, its first priority should be reform of the financing and benefits of pensions for state and local employees. Such reforms are urgently needed because (1) the relatively high cost of the current system places New York at a competitive disadvantage, and (2) these costs have been growing and are projected to continue growing, making a bad situation worse.

More Bang For NY's Buck

Dec 28, 2011

As Governor Cuomo prepares his executive budget, he should seek structral changes that slow down the state's most potent cost-drivers (pensions, school aid and Medicaid), halt additional economic development spending and steer clear of budget tricks. Senior Research Associate Tammy Gamerman pens an op-ed for the New York Post.