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Pensions & Benefits
An Expensive and Risky Benefit
How Low Interest Rates Cost New York City Taxpayers $1.2 Billion Annually
October 05, 2016
A unique feature of a tax deferred compensation plan available to NYC teachers guarantees them a 7% investment return regardless of what happens to interest rates or in the stock market.
Video
Pensions & Benefits
Robert Steel, NYC Deputy Mayor
CBC Breakfast Series
August 31, 2011
CBC Breakfast with NYC Deputy Mayor Bob Steel in August 2011.