Public unions’ stealthy scheme will siphon $100B from NY taxpayers
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Public unions’ stealthy scheme will siphon $100B from NY taxpayers
Imagine one of your children or grandchildren — perhaps still too young to be messing around online — innocently opens up an email.
“Don’t you care about our heroic public workers? Don’t you love teachers? Don’t you want fairness? Click here!”
Kids don’t know any better. They tap the link.
In an instant, schemers wire $20,000 out of your family’s savings account — gone forever.
You’ve been warned, New York, because this is basically what will happen in Albany this month — only it’s not your kids being duped, it’s your state lawmakers.
New York’s public employee unions want Gov. Kathy Hochul and the state Legislature to retroactively change public pension rules that have been on the books for over a decade.
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Unlike some other states, these pensions are paid on top of, not instead of, Social Security benefits.
It’s unfair, the unions say, that workers hired since 2012 must pay more toward their New York taxpayer-guaranteed, state-tax-exempt pensions than people hired before.
In fact, many union leaders say their members shouldn’t have to pay anything toward their pensions.
And it’s a matter of “equity” and........
