Assembly Speaker Silver waiting for comptroller's view of pension plan

Jan 30, 2013

Gov. Andrew Cuomo’s pension stabilization plan could face some obstacles in the legislature.  Assembly Speaker Sheldon Silver says he wants to know what the state comptroller thinks of the idea first.

Silver, a Democrat says he’s not ready to sign on yet to Cuomo’s plan to allow local governments and schools to “smooth out" pension payments over time, that would allow them to pay less now and more for them later.

In an interview with New York Public Radio and Television, Silver says he wants to wait until the state comptroller weighs in on the proposal.

“It’s up to the comptroller to make that determination as to whether this is a sound policy,” Silver said.

In a statement, Comptroller Tom DiNapoli says he’s reviewing Cuomo’s proposal, and has some “concerns about the impact” on the state’s retirement fund. But he says he’s keeping an open mind.

Silver also stuck up for Syracuse Mayor Stephanie Miner, who has publicly raised questions about the governor’s plan. He says it does not conflict with her role as Cuomo’s chosen Democratic Party Co-Chair.

“To say that she has questions does not disqualify her for anything, as far as I’m concerned, ” Silver said. The speaker says it’s possible to wear both a “political hat” and a “governmental hat.”