Manhattan Institute for Policy Research: New Report Presents Reforms to New York City's Public Retirement System
October 16, 2020
October 16, 2020
NEW YORK, Oct. 16 (TNSRep) -- The Manhattan Institute for Policy Research issued the following news release:
New York City's public-retirement system is on an unsustainable path. Pension funds face persistent shortfalls, benefits consume a significant share of the city budget, and the current downturn has made the situation more dire. A new report by public-policy researcher John Hunt for the Manhattan Institute (MI) presents a number of reforms that would reduce retirement costs wh . . .
New York City's public-retirement system is on an unsustainable path. Pension funds face persistent shortfalls, benefits consume a significant share of the city budget, and the current downturn has made the situation more dire. A new report by public-policy researcher John Hunt for the Manhattan Institute (MI) presents a number of reforms that would reduce retirement costs wh . . .