Sentences with phrase «vi pension changes»
ALBANY, NY (05/16/2011)(readMedia)-- «It is very clear from the Cuomo administration's leaks about plans to seek Tier VI pension changes for public employees that the governor does not care about the impact of his policies on working people.
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A minimum step would be to implement a new tier (VI) of the current pension system model which reinstates the employee contribution of 3 percent, lengthens the number of years of service required to reach maximum benefit levels, and makes other changes to limit the cost of the benefits to be provided.