Newsday: New York State cut pensions for new workers, but some say it went too far
ALBANY - State lawmakers are looking to roll back pension reforms that cut benefits for public workers hired after 2011 - adjustments that could help attract and retain workers but also increase costs for local governments and schools.
Fast-rising pension costs led legislators to create a new, sixth pension tier 14 years ago known as Tier 6, and public workers hired on or after April 1, 2012, as a result receive fewer benefits, wait longer to retire and contribute more money.