Mamdani, in his budget this year, is suggesting to postpone some payments into the pension funds. What are your thoughts on this? Yeah, so first, people should know New York City's pension funds are well funded. We're at 85% of our obligations out basically all the way to the end of the century. We've got a good system. It grew under my watch to over $300 billion even as we divested from fossil fuel reserve owners and invested in affordable housing. (09:46–09:54)
CLAIM
Asserts that NYC's pension funds are 85% funded through the century.
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