Not exact matches
Tax - funded
public -
pension costs for every level of state government
rose from absolutely minimal levels in 2000 to a grand total of more than $ 16 billion last year, half of it in New York City alone.
The Mayor went on the say that what does threaten the city are
rising pension and health care
costs for
public employees.
Negotiations with the
public employee unions on contracts will have a dramatic impact on the budget as the county grapples with the
rising cost of health insurance and rapidly escalating
costs of paying into the
public employee retirement and
pension system.
As things now stand,
rising pension costs threaten to starve
public services at every level.
Between 2004 and 2012, data on fringe benefits from the Bureau of Labor Statistics show that
pension costs for
public educators
rose from 11.9 to 16.7 percent of salaries.
That's true for all
public services, but higher education is uniquely harmed by
rising pension costs.
Between 2004 and 2012,
pension costs for
public educators
rose from 11.9 to 16.7 percent of salaries.
Public sector benefits have historically been excellent; however, health and pension costs have risen so dramatically since 2000 that public educators will be forced to pay or pay more for their ben
Public sector benefits have historically been excellent; however, health and
pension costs have
risen so dramatically since 2000 that
public educators will be forced to pay or pay more for their ben
public educators will be forced to pay or pay more for their benefits.
Rising costs of
public employee
pension plans are a source of fiscal stress in many cities and states and have led to calls for reform.
With
pension and retiree healthcare
costs rising, and tax revenues either falling, or not
rising so rapidly, that squeezes out money from other
public services.