{"id":625049,"date":"2026-03-01T17:45:21","date_gmt":"2026-03-01T17:45:21","guid":{"rendered":"https:\/\/www.europesays.com\/us\/625049\/"},"modified":"2026-03-01T17:45:21","modified_gmt":"2026-03-01T17:45:21","slug":"public-unions-stealthy-scheme-will-siphon-100b-from-ny-taxpayers","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/625049\/","title":{"rendered":"Public unions&#8217; stealthy scheme will siphon $100B from NY taxpayers"},"content":{"rendered":"<p>Imagine one of your children or grandchildren \u2014 perhaps still too young to be messing around online \u2014 innocently opens up an email.<\/p>\n<p>\u201cDon\u2019t you care about our heroic public workers? Don\u2019t you love teachers? Don\u2019t you want fairness? Click here!\u201d<\/p>\n<p>Kids don\u2019t know any better. They tap the link.<\/p>\n<p>In an instant, schemers wire $20,000 out of your family\u2019s savings account \u2014 gone forever.<\/p>\n<p>You\u2019ve been warned, New York, because this is basically what will happen in Albany this month \u2014 only it\u2019s not your kids being duped, it\u2019s your state lawmakers.<\/p>\n<p><a href=\"https:\/\/nypost.com\/2026\/02\/25\/opinion\/greedy-unions-are-joining-socialists-like-mamdani-to-squeeze-us-taxpayers-even-more\/\" rel=\"nofollow noopener\" target=\"_blank\">New York\u2019s public employee unions<\/a> want Gov. Kathy Hochul and the state Legislature to retroactively change public pension rules that have been on the books for over a decade.<\/p>\n<p>Unlike some other states, these pensions are paid on top of, not instead of, Social Security benefits.<\/p>\n<p>It\u2019s unfair, the unions say, that workers hired since 2012 must pay more toward their New York taxpayer-guaranteed, state-tax-exempt pensions than people hired before.<\/p>\n<p>In fact, many union leaders say their members shouldn\u2019t have to pay anything toward their pensions.<\/p>\n<p>And it\u2019s a matter of \u201cequity\u201d and \u201cdignity,\u201d they say, for teachers and office workers at state agencies to be able to <a href=\"https:\/\/nypost.com\/2025\/12\/07\/opinion\/city-councils-big-24k-pay-hike-is-just-a-slice-of-its-self-dealing\/\" rel=\"nofollow noopener\" target=\"_blank\">retire with full pensions<\/a> (plus taxpayer-funded retiree health insurance) at age 55.<\/p>\n<p>The unions want to \u201cfix\u201d these supposed injustices.<\/p>\n<p>Defined-benefit pensions are\u00a0increasingly rare outside the public sector: Only 14% of private-sector employees had access to one last year, down from 20% in 2010 \u2014 and these weren\u2019t taxpayer-guaranteed, like New York\u2019s.<\/p>\n<p>Facts aside, the unions plan to pressure Albany this coming weekend by busing thousands of their members there for a rally.<\/p>\n<p>There will be signs.<\/p>\n<p>There will be chants.<\/p>\n<p>There will be speeches about \u201cfairness.\u201d<\/p>\n<p>What won\u2019t there be? An actual piece of legislation.<\/p>\n<p>That\u2019s because the unions\u2019 demands are so extreme that they have, shrewdly, avoided having their allies in the Legislature file a bill containing their demands \u2014 because that would trigger an actuarial score, and put a price tag on it.<\/p>\n<p>Instead, they want Hochul to tuck it into the budget and stealth-pass it quickly, before taxpayers hear about it.<\/p>\n<p>\t\t\t\t\t\t\tGet opinions and commentary from our columnists\t\t\t\t\t\t<\/p>\n<p class=\"inline-module__cta\">\n\t\t\t\t\t\t\tSubscribe to our daily Post Opinion newsletter!\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\tThanks for signing up!\n\t\t\t\t<\/p>\n<p>That\u2019s what the unions did in a test-run of this exercise two years ago, when they got Hochul to sign off on a seemingly tiny, technical change on how to calculate pension benefits \u2014 which ended up <a href=\"https:\/\/nypost.com\/2024\/03\/25\/us-news\/ny-pols-push-to-pad-teacher-cop-govt-worker-pensions-and-sock-taxpayers-with-4b-bill\/\" rel=\"nofollow noopener\" target=\"_blank\">costing taxpayers over $4 billion<\/a> over the long run.<\/p>\n<p>Property taxes rose as a result.<\/p>\n<p>This time, back of the envelope, the unions are looking for about $100 billion \u2014 or $20,000 for every Empire State family.<\/p>\n<p>The unions point enviously to the pre-2012 rules, but they don\u2019t provide the complete history.<\/p>\n<p>The cost to taxpayers of New York\u2019s public-employee pension system, documented by my colleague E.J. McMahon, ballooned from $1 billion in 2000 to $10 billion in 2010, causing eye-watering jumps in property taxes.<\/p>\n<p>Unrealistic expectations about pension-fund returns, combined with longer lifespans and generous public-sector pay, caused a fiscal monsoon to hit New York state and local governments.<\/p>\n<p>Even after two rounds of reforms in 2009 and 2012, pension costs still kept rising: They didn\u2019t peak until 2015, by which time they were 15 times what they\u2019d been in 2000.<\/p>\n<p>The reforms that arrested those exploding costs\u00a0\u2014 namely, having public employees pay up to 6% of their salary toward their pensions \u2014\u00a0are what\u2019s on the chopping block right now.<\/p>\n<p>Don\u2019t forget, New York state\u2019s Constitution guarantees these pensions, so once they\u2019re sweetened, there\u2019s no undoing it.<\/p>\n<p>It\u2019s easy to bellyache here about the unions, but they\u2019re just political organizations doing what their members want.<\/p>\n<p>The bigger problem is New York\u2019s elected officials, who parrot the unions\u2019 demands without challenging their most specious claims.<\/p>\n<p>When the job market got unprecedentedly tight in 2021, for instance, the unions took to bizarrely blaming the 2012 pension reforms, rather than the effects of a world-upending pandemic.<\/p>\n<p>They never produced a shred of evidence, \u00a0just kept insisting that New York\u2019s storied public-sector benefits weren\u2019t generous enough to recruit public workers.<\/p>\n<p>It\u2019s a remarkable claim, given that their members signed up for the very benefits union leaders now say were inadequate.<\/p>\n<p>But lawmakers are unwilling to challenge them, and taxpayers pay the price.<\/p>\n<p>Your homework assignment tonight, New Yorkers: Ask your state senator and Assembly member whether they\u2019re going along with this plot \u2014 and if so, what it\u2019s going to cost.<\/p>\n<p>Extra credit if you <a href=\"https:\/\/nypost.com\/2024\/03\/28\/opinion\/ny-republicans-betray-taxpayers-in-favor-of-pricey-union-pensions\/\" rel=\"nofollow noopener\" target=\"_blank\">ask one of Albany\u2019s Republicans<\/a>, who are supposedly fighting to prevent these sorts of abuses.<\/p>\n<p>Your family has $20,000 riding on this.<\/p>\n<p>All it will take is one ill-considered click of the unions\u2019 email.<\/p>\n<p>Ken Girardin is a fellow at the Manhattan Institute.<\/p>\n","protected":false},"excerpt":{"rendered":"Imagine one of your children or grandchildren \u2014 perhaps still too young to be messing around online \u2014&hellip;\n","protected":false},"author":3,"featured_media":625050,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5122],"tags":[20184,5229,5371,3272,405,403,24102,182858,5226,5225,5228,201180,5227,1269,8707,38036,39749,67,586,132,5230,68,2969],"class_list":["post-625049","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-albany","tag-america","tag-kathy-hochul","tag-legislature","tag-new-york","tag-new-york-city","tag-new-york-state-assembly","tag-new-york-state-senate","tag-newyork","tag-newyorkcity","tag-ny","tag-ny-assembly","tag-nyc","tag-opinion","tag-pensions","tag-teachers-union","tag-unions","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116155169173916322","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/625049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=625049"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/625049\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/625050"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=625049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=625049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=625049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}