Rising pension costs burying gov'ts, school districts
VideosAstorino, CSEA at odds over 2013 budget Astorino releases $1.7 billion budget Exec. Astorino paints bleak financial future
Public pension costs in the Hudson Valley are continuing to rise at an alarming rate, even as local governments and school districts shed jobs, eliminate services and slash spending to meet payroll and other fiscal obligations.
Experts say the financial hemorrhaging likely will continue for the next several years, forcing local governments to make even tougher decisions.
Much of the...