For years, New York State has passed laws, often called mandates, that add to the costs of local government. Public employee pension costs are one of the most expensive of these mandates. For example, over the last ten years, public pension costs in our state have risen over 650%.
The Governor’s proposed modification of the state’s pension system alone would save Orange County more than $26 million. The proposed pension plan would require future employees to pay more into their own pensions and would begin to bring our pension system in line with other states. The pension changes do not affect any current employees.
Orange County will also save over $11 million from Governor Cuomo’s proposed 3-year takeover of the growth of Medicaid costs. Click here to read more about the Governor’s proposed reforms.
The need for reform and the benefits of mandate relief are obvious but is this the answer? Click here to share this information about county savings with friends and family.