The Daily News reported Tuesday that New York's unions are pushing back against Gov. Andrew Cuomo's plan for pension reform, which the governor says could save the state nearly $100 billion over the next 30 years.
“It’s time to rebuild the middle class, not attack what’s left of it,” an AFL-CIO commericial says, regarding Cuomo's plan, which includes raising the retirement age from 62 to 65 and offering new employees a 401k plan instead of a state pension.
Cuomo's plan would also exclude overtime when calculating an employee's final average salary to determine his/her pension. The provisions would only apply to new employees.
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