Act Now - PSC

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The short explanation of this alert was:
The introduction of a Tier V pension on public higher education does not represent a responsible choice for closing the budget gap. A reduced pension tier would do very little to address the state's immediate budget crisis and would not substantially increase revenue for another ten years.

Moreover, a lower pension tier would be devastating to public higher education, because CUNY and SUNY recruit faculty and professional staff on the national market. A fair pension is a critical component of the compensation package in higher education, and the proposed Tier V would greatly disadvantage New York's public institutions of higher learning.

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