Dossier
Pension Deal
Coverage of Pension Deal in the Nexus archive.
- Gov. Hochul strikes $557M sweetheart pension deal — with Albany only footing a fraction of the bill
Governor Kathy Hochul has negotiated a $557 million pension deal with public service unions, with the state of New York only covering a portion of the total cost. The agreement is characterized as a sweetheart deal that raises questions about fiscal responsibility and budget allocation.