Did You Know...
About 90% of funds used to pay NYSTRS benefits come from investment returns and employee contributions?
good then eliminate the pensions and you can pay for your own retirement
$45,000 pension per year plus $25,000+ for SS per year plus another $20,000 from your own ira
$45,000 + $25,000 + $20,000 = $90,000 per year plus the taxpayers pay for your overly generous healthcare
no wonder you all retire at 55...
or is that why the union was going to 'close down NYS' if they had to convert to a 401k plan?