New York's budget taps pension assets

Williams, Terry
June 1995
Pensions & Investments;6/12/1995, Vol. 23 Issue 12, p4
Reports on the budget passed by the New York Legislature that uses two-thirds of the Supplemental Reserve Fund of the New York State & Local Retirement Systems to balance the budget. Opposition by State Comptroller H. Carl McCall; Deal by Governor George Pataki with the Democratic Assembly and Republican Senate.


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