The state Republican Committee was eager to remind reporters and political observers this morning of the comptroller’s website offer tips on how a state employee can increase or “pad” their total pension.
In a “in case you missed it” memo, GOP communications director Alex Carey sends out a copy of a New York Post editorial that Comptroller Thomas DiNapoli’s tips “called special attention to how staffers can pump up their “final average salary” — which is based on their highest three-year earning period and determines retirement benefits.”
The Post added: “(DiNapoli) is helping those folks bloat their pensions — and then bragging about how public-sector unions are backing him in the upcoming election. No matter that he himself just warned that the state’s $125 billion pension fund may soon be in the red — with only 94 percent of what it needs to pay benefits.”
The tips, first discovered by the Rochester Democrat and Chronicle, were quickly changed by the comptroller’s office which said the advice was poorly worded. DiNapoli spokesman Dennis Tompkins also said the tips were first written when H. Carl McCall was in office.
DiNapoli, a Democrat, faces a challenge for a full term against Republican Harry Wilson, a Scarsdale resident and former hedge fund manager.