• Truth about your Pension
    Posted On: Jan 31, 2012

    Tell Albany
    the
    truth about pensions.

    When I read editorials in the newspaper attacking pensions for teach-
    ers, firefighters and health care workers, I feel sick. I worked 31 years
    as a mental health therapy aide. It was a job that was tremendously rewarding but extremely challenging. My pension is $19,000 per year.” I’m not rich. I’m just trying to get by like everyone else.

    — Harold Price Manhattan, NY

    Pensions for teachers and state and local workers in New York are not excessive, despite what some want you to believe. In reality, pensions provide a fair benefit after a long career spent in public service.

    n The average pension for members of the state and local Employees’ Retirement System is roughly $19,000 per year.

    n Very few retirees receive a large pension and they are overwhelmingly high level management and political appointees.

    n 76% of pensions are less than $30,000 per year.
    Despite the facts, the Governor has proposed slashing pension benefits for middle

    class retirees through the creation of a new pension plan called Tier 6. Call the Governor, your State Senator and Assemblymember

    and give them the facts about pensions.

    Tell them to say NO to Tier 6.

    (877) 255-9417

    For more information please visit www.nysaflcio.org 


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