The state's powerful public employee unions are turning to TV ads to try and derail Governor Cuomo's pension reform proposal, even though the plan would have no effect on any of the union's current members.
It looks like lawmakers, even Republicans, will fold quickly on the Governor's optional 401k component, which would likely become popular as the Governor's revised defined benefit plan is less attractive to prospective new workers.
There are the usual conflicting numbers on what the benefit reductions actually are, but the pressure will be intense to stick with the status quo, even though most experts say taxpayers cannot afford it.
Gov. Cuomo and unions in political war over pensions - NYPOST.com