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Gov. Kathy Hochul Poised to Betray NY Taxpayers on Pensions

Budget talks in Albany are entering their final lap and Gov. Kathy Hochul is reportedly ready to give state worker unions a sweetener on pensions. Call it “Fix Tier 6” if you like — it’s really a retroactive gift to people who accepted jobs under the rules already on the books. New Yorkers should be told plainly: don’t hand over billions to undo a reform that was meant to protect taxpayers.

What the unions want — and why it matters

The unions’ demand would roll back key parts of Tier 6, lowering retirement ages and trimming the worker contribution that helped make the system more sustainable. That’s not a small tweak. Critics warn the tab could be enormous — some figures put the lifetime cost at roughly $100 billion. The governor’s team has estimated the full wish‑list would amount to about $1.5 billion a year, while Hochul’s counteroffer would still cost taxpayers about $500 million a year. Either way, these are real dollars coming out of future budgets and household pockets.

Hochul’s “compromise” is a partial betrayal

Here’s the political math everyone in Albany seems to forget: once you give the unions an inch, they’ll keep marching for a mile. A “partial” rollback of Tier 6 is not a win for taxpayers — it’s a promise of more handouts next year. If the governor thinks trimming a reform is progress, she’s forgotten why Tier 6 existed: to stop the endless cycle of pension giveaways that eat local budgets and force cuts in schools, roads and services. Want a bold idea? Don’t bribe the public payroll. Strengthen the reform or move on to a modern, fair alternative.

Real reform — and no more retroactive bailouts

Instead of negotiating away the future, Albany should pivot to what most Americans already deal with: defined contribution plans that are predictable and fair. A move to 401(k)‑style retirement for new hires would protect taxpayers and give workers control over their savings. No more retroactive hikes in benefits. No more promises that cost the next generation of homeowners and small businesses their dollars. With the budget still in flux, now is the moment to refuse the same tired bargain that created the problem in the first place.

Gov. Hochul can still walk away from a deal that hands Albany’s pension bill to taxpayers. She should. New Yorkers deserve leaders who defend their wallets, not politicians who split the difference with unions and call it progress. Keep Tier 6 in place, stop the retroactive giveaways, and push for real, modern retirement reform — anything less is just another Albany tax on working families dressed up as compromise.

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