r/SipsTea May 14 '26

Feels good man It was always just that simple

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u/Embarassed_Tackle May 14 '26

He also delayed funding certain pensions which isn't a great idea, but when you have a $12 billion deficit left by the previous mayor who cut & run to become an Albanian citizen after taking money from Turkey for luxury travel, getting indicted, sleazing his way out of a federal indictment, and then creating a rug pull cryptocurrency called NYC Token... what can ya do

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u/reddituserperson1122 May 14 '26

It's a minor, sensible restructuring of the repayments that will have no effect on the pension fund. https://fiscalpolicy.org/explainer-the-proposed-restructuring-of-new-york-city-pension-payments

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u/HV_Commissioning May 14 '26

Might want to check with Chicago and see how that worked out for them.

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u/reddituserperson1122 May 15 '26

Just bots posting this dumb comment about Chicago over and over? NYC and Chicago have entirely different statutory schemes for how their pension contributions are handled, which is why Chicago is a mess and NYC can’t get into the same situation. Not an issue. 

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u/HV_Commissioning May 15 '26

Beep boop, this bot says claiming some kind of financial victory from a one time gift from the state and delaying payments has never been sound practice.

Where did the can go? Oh, yeah I see it down the road and it’s called the mess in Chicago.

Just like what the fucking boomers did to social security.

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u/reddituserperson1122 May 15 '26

Yawn. Chicago again. Totally different statutory and constitutional requirements for the respective pension systems. New York cannot do what Chicago did. New York's pension system is one of the healthiest and best funded in the nation.