Saturday, September 13, 2008

Term Limits Save Money ... Kinda

Mr NYC neither endorses nor opposes term limits for our city, state, or federal elected officials. (I'm Switzerland when it comes to this issue.) But The New York Times has an interesting story today about how term limits actually save the city money in pension and health benefits (you get nothing if you work for the city less than 10 years and city term limits usually mean just eight years on the government dime, unless these office holders had a previous city job).

Hidden Cost Seen for City if Term Limits Are Shelved

My guess is when most voters learn about this, the term limits law will be set in stone.

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