NYC has always been super highly taxed (Public Board)

by JoFrance, Friday, May 15, 2026, 19:41 (4 hours, 46 minutes ago) @ FSK

My whole point with the AI slop is its not a done deal. Any funds Mamdani tries to touch that affect public pensions will be difficult to get approved. I'll never understand why public employees need to have their own separate pension system. Its unaffordable. Most private sector companies no longer offer pensions because of that.

My brother-in-law worked on the line at GM prior to 2007 for many years and received a generous pension he still gets today. They reduced his benefit several times over the years, because the company couldn't afford it. GM no longer offers pensions to employees hired after 2007, but they're still responsible for employees hired before that.

It'll be interesting to see if he gets the money. He has to have a budget, but I'm sure he won't get everything he wants.


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