Tier 6 is about the 99 % paying for the sins of 1 %

That’s what NYSUT President Dick Iannuzzi has to say about the pension reform passed this morning.

Here’s the link to the full NYSUT statement.

Here’s the statement from the Public Employees Federation. Here’s a link to a report on the first thoughts of what state Comptroller Tom DiNapoli thinks about Tier 6.

Here’s the Eyewitness 7 report.

Here’s the link to the state AFL-CIO statement by Mario Cilento. He calls it “an assault on the long-term economic security of nurses, teachers, firefighters, and other workers.”

Here’s a link to the Albany Times Union report about the so-called pension reform legislation. Here’s a link to their roundup of business groups praising Tier 6.

Here’s the Capital Tonight report.¬†We’ll update with more reports as they come in.

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4 Comments

  1. Bob March 15, 2012 at 2:09 pm #

    1. Vote Cope money did not help this situation……..lobying efforts failed for all current and future NYSUT members in regards to pensions.
    2. Cuomo (educators beware) is dictating to all of us.

  2. Martin March 15, 2012 at 4:40 pm #

    I would argue we’ve paid for the sins of the 1% at least three times now.

    First with the bailout using our tax dollars…

    second with the crashed economy and massive layoffs, salary freezes and a lower standard of living….

    Third with Tier V and now Tier VI….

    You just feel in your gut that they STILL aren’t finished stripping the middle class.

    I wonder what Cuomo had to say about the idea of making Wall-Street accountable for the pension losses….Silence? Not suprised.

  3. Liz March 16, 2012 at 4:29 pm #

    EATING OUR YOUNG…WHAT HAS HAPPENED TO LABOR IN THIS COUNTRY?

  4. Alex Vitale March 21, 2012 at 10:18 am #

    This deal makes clear what the real priorities of our “friends” in Albany. They sold us out to protect their political positions. Perhaps it’s time we sent them a message by pulling all money and endorsements from those who voted for this corrupt deal. CSEA has already announced their intention to do this. NYSUT should join them.

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