Here are some of the major highlights the changes to Tier 6, which applies to state and local employees hired since April ...

This story has been updated to clarify Tier 6 pension changes. A hotly debated series of changes to New York state's Tier 6 pension system were nearing the finish line as part of a larger state budget ...

New York leaders agreed to ease Tier 6 pension rules for teachers and public workers, but not as much as unions sought.

The agreement will reform the Tier 6 Pension System, which stands to impact more than 830,000 public employees.

New York’s final state budget agreement is poised to significantly expand retirement benefits for public workers hired after 2012, a move supporters say will help recruitment and retention efforts but ...

A hotly debated series of changes to New York state's Tier 6 pension system was nearing the finish line as part of a larger state budget bill being passed by lawmakers on Tuesday, May 26. Many public ...

New York's state budget introduces improved retirement benefits for some public workers, including teachers, police and firefighters.

New York’s public pension fund reached its highest value in history after posting nearly a 12% investment return during the ...

The municipal advocacy organizations say the state must pay for any Tier 6 pension changes or risk higher taxes, cuts and layoffs. At a rally earlier this month, unions called on lawmakers to make ...

Several local government groups are warning that New York property taxpayers could face tax rate hikes or service cuts due to pension reform proposals being debated as part of this year's now-late ...

ALBANY - Gov. Kathy Hochul said last week she supports changes to Tier 6 of the state's pension system as she spoke to thousands of public workers who were packed in an Albany arena demanding changes ...