NY Republicans betray taxpayers in favor of pricey union pensions

The changes making up 2012's Tier 6 are already saving taxpayers more than $1 billion per year and will ultimately save more than $80 billion.

The tweak to how pensions are calculated would cost more than $4 billion, slamming city taxpayers to the tune of more than $160 million the first year alone.

Read at New York Post