New York City Mayor Michael Bloomberg and county executives from across New York are launching a new effort to curb the state’s skyrocketing pension costs.

New York Leaders for Pension Reform, as the new group is called, say they will lead a  campaign travel to Albany and across the state to push lawmakers to adopt Gov. Andrew Cuomo’s pension reform plan, which includes adding a sixth tier to the pension plan and switching new employees from a defined benefit to a defined contribution plan. Read More