December 27, 2011

PUBLIC PENSION UPDATE: New York Post: Mum’s The Word.

New York’s teacher-retirement fund wants to keep taxpayers in the dark about the pensions it hands out. Must be some darn fat pensions, huh?

Wouldn’t want to enrage the public to the point where pensions are trimmed, now would it?

In a predictable — but disturbing — development, the state Teachers’ Retirement System last week said it will no longer publicly disclose the names of teachers and how much they get in retiree benefits.

Even though the public foots the bill.

The move comes after other public-sector pension systems zipped their lips, following a disturbing appellate-court ruling last October. . . . this is information that has been openly available — without protest — for almost three decades.

It was only when the Empire Center set up an easily searchable Web site with names and pension amounts that the funds started squawking.

Shut up and pay your taxes. Where they go is none of your business.

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