US - New York City's pension costs will peak in 2016 before they begin a gradual, steady decline, a study commissioned by Comptroller John C. Liu predicts.
The report, compiled by Liu's Retirement Security NYC initiative, said from 2016 through 2040 and beyond, pension costs will grow at a slower rate than the City's economy, using up significantly le...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
