No Matter What Happens, Paterson Gets His Pension
by Ryan Knutson
Gov. David Paterson of New York insisted this week that he wouldn't heed calls for his resignation, despite his administration's being roiled by two scandals. But no matter what he does, he is still entitled to his full pension once he retires. In fact, there is nothing any New York state employee can do that would cause them to lose a pension; not even a corruption conviction, being fired for embezzlement or a prison sentence.
A provision in the New York State Constitution, written in 1938 and approved by voters, protects pensions for state employees from being "diminished or impaired."
Read more: http://www.propublica.org/article/no-matter-what-happens-paterson-gets-h...
Friday, March 5, 2010 - 00:00