The Legislature’s Black, Puerto Rican, Hispanic and Asian Caucus sent a letter to Gov. Andrew Cuomo today opposing his proposal for a new, less generous pension tier. It would apply to new employees only. It would raise the retirement age from 62 to 65, increase contribution rates, require 12 years of employment to be vested, and provide an option of joining a 401(k)-type plan instead of a traditional defined-benefit pension.
“This legislation, while touted as a way to help our economy, will only hurt the every day working citizens of the state and rest an undue burden on working families who already earn modest incomes,” Caucus Chairman Karim Camara, a Democratic assemblyman from Brooklyn, wrote in the letter.
Public-employee unions have been lobbying hard against creating a Tier 6 pension, saying it would reduce benefits by 40 percent or more for future employees.
But local-government officials are in favor of the proposal, including New York City Mayor Michael Bloomberg. They say the increase in pension costs is unsustainable. The governor’s plan would save $83 billion for local governments over 30 years.
Assembly Speaker Sheldon Silver, D-Manhattan, said this afternoon that lawmakers and the governor have not reached a deal on pension reform.
This is the caucus’ letter to Cuomo:
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1 Comment
Asia for Asians, Africa for Africans, White countries for everyone????????
Everybody says there is this RACE problem. Everybody says this RACEproblem will be solved when the third world pours into EVERY whitecountry and ONLY into White countries.
The Netherlands and Belgium are more crowded than Japan or Taiwan,but nobody says Japan or Taiwan will solve this RACE problem by bringingin millions of third worlders and quote assimilating unquote with them.
Everybody says the final solution to this RACE problem is for EVERYwhite country and ONLY White countries to “assimilate,” i.e.,intermarry, with all those non-Whites.
What if I said there was this RACE problem and this RACE problemwould be solved only if hundreds of millions of non-blacks were broughtinto EVERY black country and ONLY into black countries?
How long would it take anyone to realize I’m not talking about a RACEproblem. I am talking about the final solution to the BLACK problem?
And how long would it take any sane black man to notice this and what kind of psycho black man wouldn’t object to this?
But if I tell that obvious truth about the ongoing program ofgenocide against my race, the White race, Liberals and respectableconservatives will just say that I’m a naziwhowantstokillsixmillionjews.
They say they are anti-racist. What they are is anti-White.
Anti-racist is a code word for anti-White.