NY State contributions set to "explode"

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US - Tax payer contributions to New York State public pensions will "explode" in the next five years, forcing the state to divert resources from other services to meet the obligation, a new study has warned.

A report by the Empire Centre for New York State Policy said over the next five years, tax-funded annual contributions to the New York State Teachers' Retirement System (NYSTRS) will more than quad...

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