Hochul considering lowering retirement age for some workers to 55, The Post reports
FULL: Hochul delivers 2026 State of the State
New York Gov. Kathy Hochul delivers her 2026 State of the State address.
NEW YORK - Certain public workers in New York could soon retire at the age of 55, according to The New York Post.
Usa, New York, Manhattan, Hudson River (Photo by Marka/Universal Images Group via Getty Images)
Potential lowering of retirement age for some workers
What we know:
The New York Post is reporting that Gov. Kathy Hochul is considering lowering the retirement age of certain New York workers to 55-years-old.
Data: New York worst state for retirement
FOX 5 NY's Christal Young took the streets to ask New Yorkers where they plan on retiring.
Workers under consideration would only be public workers that were hired after 2014.
If Hochul decides to pursue the change, the move could cost taxpayers $1.5 billion.
The Source: This article includes reporting from The New York Post.