Later, in an interview, de Blasio ruled out trying to switching future city employees from traditional pensions to a 401(k)-style retirement savings plan.
“I believe in defined benefit pensions, and I don’t want to move away from it,” he said, adding, when pressed for details, “I want to work with labor, by gathering everyone around the table.”
Sunday, October 7, 2012
Will De Blasio Get "Liu'ed" For Saying He Wants To Work With Labor?
The corporate shills at the Daily News took Public Advocate Bill de Blasio to task in an editorial today for saying he believes in defined pension benefits for public workers over 401(k) plans: