Bloomberg News

New York Legislature Passes Pension Overhaul Proposed by Cuomo

March 15, 2012

The New York Legislature approved much of Governor Andrew Cuomo’s pension overhaul by raising the retirement age for most new workers and for the first time offering a 401(k)-type option to some non-union employees.

To contact the reporter on this story: Freeman Klopott in Albany at fklopott@bloomberg.net

To contact the editor responsible for this story: Stacie Servetah at sbabula@bloomberg.net


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