New York Public Workers Pension Among Best In Nation
05.24.12 |
It's good to be a retiree in New York, if you collect a pension from the state. Comptroller Tom Dinapolli says the Public Employee Retirement Fund is worth more than $150 billion, the healthiest it's been since the recession began. The pensioin fund benefits more than 1 million retirees and current workers. The Pew Center rates it as one of the best funded pension plans in the nation. Contributions from municiple governments is expected to grow by 40 percent by 2015.
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