FOR THE RECORD

July 16, 2018

The Chief Leader

Lena Kushnir


It’s probably not true that everything that happens in the local political world these days is attributable to Alexandria Ocasio-Cortez, but we’d have to think her knocking off Congressman Joe Crowley in the Democratic primary June 26 produced a there-but-for-the-grace-of-God-go-I moment for Republican State Sen. Marty Golden.

The ex-cop had been content at the end of the legislative session last month to let a city speed-camera program expire, proposing that it be replaced with more stop signs and traffic lights at school intersections. Much of the blame for allowing the program to end had fallen on Simcha Felder, a Democrat who votes with Senate Republicans in return for patronage for his Brooklyn district.

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In the News

Commentary: Public pension funds must not divest from reality

Pensions and Investments

PAUL S. ATKINS


When public pensioners nationwide recently were surveyed about their government-run pensions, six out of 10 believed their retirement "lockbox" was fully funded. Yet recent research shows that view diverges from reality. According to Pew Trust research, only 70% of state pension liabilities are funded, and this statistic assumes generous fund returns...

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