Manhattan Institute for Policy Research.
search  
 
Subscribe   Subscribe   MI on Facebook Find us on Twitter Find us on Instagram      
 
 
   
 
     
 

Newsday

 

Get control over the pensions

September 13, 2009

By Nicole Gelinas

Instead of launching a contest, to see what other taxes and fees we should raise, Gov. Paterson should focus on bringing costs down—starting with labor. The MTA spend more than $7 billion on labor next year, including nearly $2.7 billion in pensions and health care benefits no long available in the private sector. These costs are up more than 40 percent in the past five years.

Nobody is saying skilled workers don't merit competitive pay, but there has to be a balance. Paterson and lawmakers should pass legislation getting pension benefits for future workers in line with fiscal reality.

 

 
PRINTER FRIENDLY
 
LATEST FROM OUR SCHOLARS

LA's Tale Of Two Cities
Aaron M. Renn, 07-24-15

Government Is Standing In The Way Of Millennial Entrepreneurs
Jared Meyer, 07-23-15

Red States Revolt Against Obama Era Progressivism
Steven Malanga, 07-23-15

The High Cost Of Letting Criminals Go
Jason L. Riley, 07-22-15

Watch Out Clinton, Here Comes Bernienomics
Patrick Holland,
Jared Meyer, 07-22-15

Bill De Blasio's Anti-Uber Scheme Is Based On Misinformation
Jared Meyer, 07-21-15

Generation Y Needs An Office For Inter-Generational Responsibility
Diana Furchtgott-Roth, 07-21-15

California's Infrastructure Woes Not New
Ben Boychuk, 07-21-15

 
 
 

The Manhattan Institute, a 501(c)(3), is a think tank whose mission is to develop and disseminate new ideas
that foster greater economic choice and individual responsibility.

Copyright © 2015 Manhattan Institute for Policy Research, Inc. All rights reserved.

52 Vanderbilt Avenue, New York, N.Y. 10017
phone (212) 599-7000 / fax (212) 599-3494