New York state proposes pension reforms

Thu Nov 5, 2009

New York legislators, in a bipartisan effort, are supporting attorney general Andrew Cuomo's proposed pension reforms in introducing state legislation, titled Taxpayers' Reform for Upholding Security and Transparency, or TRUST, which would replace the sole trustee at the New York State Common Retirement Fund with a board of trustees.

The primary goal is to eliminate pay-to-play politics with state...

ISSN: 2151-1845 / CDC10004H

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