Gotham Gazette

The Place for New York Policy and politics

CITY

What's The [DATA] Point? $95 billion


whats the data point


What's The Data Point? Episode 17 -- $95 billion [You can download What's The [Data] Point? wherever you get your podcasts, including on iTunes]

thad calabrese

This week's data point is $95 billion, the current value of all of the future retiree benefits, except pensions, already earned by current retirees and current workers of New York City. This amount, referred to as OPEB, or "other public employee benefits," is primarily the cost of health insurance for New York City employees, their spouses and families. Thad Calabrese of the Wagner School at NYU joined Ben Max and Carol Kellermann to discuss the report he authored for CBC on OPEB debt and what to do about it, "The Price of Promises Made: What New York City Should Do About Its $95 Billion OPEB Debt."

Listen to the conversation and let us know what you think: Ben Max of GG (@TweetBenMax), Carol Kellerman of CBC (@cbcny), and special guest Thad Calabrese of the Wagner School at NYU. Listen below or download wherever you get your podcasts!

***
by Ben Max, Gotham Gazette
     

Read more by this writer.



Print Friendly and PDF

Editor's Choice


Gotham Gazette: New York Left Hits Wall in Primaries, Points to Reasons for Optimism
New York Left Hits Wall in Primaries, Points to Reasons for Optimism
Gotham Gazette: Rethinking Economic Development in the Post-Covid World
Rethinking Economic Development in the Post-Covid World
Gotham Gazette: The Forgotten History of Latino Politics in New York
The Forgotten History of Latino Politics in New York
Gotham Gazette: Max Politics Podcast Max Politics Podcast