New York State Comptroller Takes Aim at ‘Anti-Pension Advocates’ – Pensions & Investments

“The bottom line is, scrapping defined benefit public pensions for 401(k)s would undermine retirement security for even more Americans, and add even more uncertainty to our economy.”

New York state comptroller takes aim at ‘anti-pension advocates’ – Pensions & Investments

New York State Comptroller Thomas DiNapoli on Tuesday continued his spirited defense of public defined benefit pension plans, chastising “anti-pension advocates” and reaffirming opposition to a proposal for a defined contribution option in the $140.3 billion New York State Common Retirement Fund.

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