New York Times article entitled “Battle Looms Over Huge Costs of Public Pensions” – “There’s a class war coming to the world of government pensions.  The haves are retirees who were once state or municipal workers. Their seemingly guaranteed and ever-escalating monthly pension benefits are breaking budgets nationwide.  The have-nots are taxpayers who don’t have generous pensions.”

NY Daily News article entitled “How public worker pensions are too rich for New York’s – and America’s – blood” -“New York’s pension rules make it pay more to retire than to work. And the horrible habits here are a window on a national pension picture that’s looking more disastrous by the day. . . . the city’s annual pension payout has increased 900% since 2000. And that’s before health care benefits are included. For every dollar police officers contribute to their retirement, taxpayers contribute nine.”