The news of the costs of paying out pensions and the ramifications of such payouts has been a hot topic in the Albany Business Journal, The Times Union, The Saratogian, and nationally in papers such as the Wall Street Journal. Since pensions are part of the appeal of working in many state and government jobs, a long-term solution that can satisfy the wants, needs, and desires of all the stakeholders seems to be a mystery.
Over the next two weeks, I’d like to solicit some reader thoughts on what can be done to
A. Cover the costs of pension payouts currently existing
B. Create a future that enables pensions and retirement benefits that are fair and equitable and benefit all stakeholders.
C. Enable others to continue to receive pension benefits in the future that they are entitled to by their contracts.
Send your ideas and thoughts to email@example.com with the subject “Pensions in New York State”. All submissions will remain anonymous, and those who submit comments before September 16th will be posted here on this website and receive a complimentary copy of my e-Book “Manners Positivity Heroics”