Darn these people who know something...Financial analyst and Gates Town Supervisor Mark Assini has looked at pension contribution numbers and determined that Syracuse Mayor Stephanie Miner is not the heretic the Democratic establishment has labled her.
Mr. Assini says local governments should get smart and have their eyes wide open before buying into the 25 year rate lock at levels below what they are now but perhaps above what they will be after five or six years.
There are many other factors Mr Assini says should be considered.
Mayor Miner has been ostracized by Democrats for her temerity in challenging Governor Cuomo.....For not standing with the Governor is I think how it's phrased.
This is why I have asked our Council to be engage in following the debate as a decision of some consequence may be forthcoming.
The NY Conference of Mayors has endorsed the plan but that doesn't mean it's the best plan for everyone.
It is a plan that purports to borrow against future Tier Six savings. Whether that makes it a "gimmick" is certainly a question of semantics, and maybe a matter of fact.
Gates Supervisor Makes Miner’s Case