Leaders of New York City's police unions are mounting a forceful campaign against Mayor Zohran Mamdani's proposal to restructure the city's scheduled payoff of its municipal pension liability, warning that the plan could put retirement funds on a "slippery slope" toward future financial instability.
But while police labor leaders have emerged among the proposal's most vocal critics, the administration says it is not counting on savings from restructuring the Police Pension Fund to help balance the city's budget.
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