(WSJ) — Mayor Michael Bloomberg plans to place pension reform at the top of the city’s Albany legislative agenda, promising an aggressive push following years of failing to make headway, a top deputy said on Wednesday.
“We’ve seen how General Motors became a pension fund that also made cars,” Deputy Mayor Howard Wolfson said. “Unless we make real changes, New York City’s government is in danger of becoming a pension fund that occasionally delivers city services to the people who live here. And we can not allow that to happen.”
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