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A Common Agenda for the Common Good
                     Employer and Employee Contributions
                   New York Public Pension Funds, 2000 - 2010
                             (in millions of dollars)
                                                  Employer           Employee

                                     New York State & Local Retirement System
$3,500

$3,000

$2,500

$2,000

$1,500

$1,000

  $500

    $-
         2000      2001      2002       2003      2004       2005     2006       2007      2008     2009       2010


                                               New York City Pension Fund
$7,000
$6,000
$5,000
$4,000
$3,000
$2,000
$1,000
    $-
         2000      2001      2002       2003      2004       2005     2006       2007      2008     2009      2010

         Source: Empire Center for New York State Policy - City of New York, Comprehensive Annual Financial Report,
                 New York State and Local Retirement System, New York State Teachers' Retirement System
A Common Agenda for the Common Good
           City Employee Benefit Costs Alone Would Exceed
                  Capped Property Taxes, 2010 - 2105
                        (in millions of dollars)
$1,200              Property Tax Levy
                       With 2% Cap
                                                                                                1,132
$1,100
                                                                              1,045             1,064
                                                             1,023
                        983              1,002
$1,000    964                                                                    1,043

                                                                   953
 $900
                                                 868
 $800

                              752                                Pension &
 $700                                                         Health Insurance
                                                                   Costs
            662
 $600
         2010          2011              2012               2013              2014       2015

                  Source: New York State Conference of Mayors and Municipal Officials

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Let NY Work: A Common Agenda for the Common Good- Chart

  • 1. A Common Agenda for the Common Good Employer and Employee Contributions New York Public Pension Funds, 2000 - 2010 (in millions of dollars) Employer Employee New York State & Local Retirement System $3,500 $3,000 $2,500 $2,000 $1,500 $1,000 $500 $- 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 New York City Pension Fund $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $- 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Source: Empire Center for New York State Policy - City of New York, Comprehensive Annual Financial Report, New York State and Local Retirement System, New York State Teachers' Retirement System
  • 2. A Common Agenda for the Common Good City Employee Benefit Costs Alone Would Exceed Capped Property Taxes, 2010 - 2105 (in millions of dollars) $1,200 Property Tax Levy With 2% Cap 1,132 $1,100 1,045 1,064 1,023 983 1,002 $1,000 964 1,043 953 $900 868 $800 752 Pension & $700 Health Insurance Costs 662 $600 2010 2011 2012 2013 2014 2015 Source: New York State Conference of Mayors and Municipal Officials