Wilson challenges DiNapoli to debate on pension
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- June
- 16
Republican comptroller candidate and Scarsdale, Westchester County, resident Harry Wilson this morning challenged incumbent Democrat Thomas DiNapoli to a debate on his handling of the state’s pension fund.
Wilson is seizing on the issue after reports that DiNapoli plans to allow local governments to borrow nearly $6 billion against the pension fund, costing about $2 billion in interest.
“This issue is important to the taxpaying public, and I will make myself available to any New York television station graciously willing to host this debate. I ask Mr. DiNapoli to do the same,” Wilson said in a statement.
DiNapoli has denied there is a plan to borrow from the pension in order to pay for it, calling the reports “erroneous.”
“Let me be very clear: The pension fund will not be used to balance the budget,” DiNapoli said in a statement.
He also said the pension fund remains strong.
“The State Comptroller’s office has a long history of protecting the fund from raids,” DiNapoli said. “I will protect the fund from any raids under any circumstances.”
This entry was posted
on Wednesday, June 16th, 2010 at 10:18 am by Nick Reisman.
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Category: Thomas DiNapoli
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All those pension enhancements and incentives, which increased promises and asserted that they wouldn’t cost anything, WERE raids on the pension funds.
The more accurate statement is that DiNapoli and the rest have opposed raids on the pension funds that did not benefit retired and soon to retire public employees.