Comptroller: Expect Pension Costs To Rise
Published: September 7th, 2009
By: Melissa deCordova

NORWICH – The New York Council of Mayors warned its membership last week that 2011 pension contribution rate increases would be dramatic.

New York State Comptroller Thomas P. DiNapoli released increases in the range of 11.9 percent of payroll for non-uniformed employees (up from 7.4 percent in 2010) and 18.2 percent for police and fire (up from 15.1 percent in 2010). 

Continue Reading This Story

Subscribe now at half price for a limited time!

Monthly Digital Access
Full access to all content
$17.25 $8.63 per month
Subscribe Now



Comments