There are other factors driving up the city's pension costs.

The governor said his plan would save the state $500 million in rising pension costs.

It would also allow employers to borrow for some of their pension costs.

By 2008 or 2009, pension costs are expected to eat up nearly $1 of every $10 the city spends.

He also predicted that the city's pension costs are likely to increase by a billion dollars next year.

This has led to lower health care and pension costs, which are also paid out of the fringe benefits fund.

Another economic dividend of youth is relatively low health care and pension costs.

The plan would also save the state $500 million in rising pension costs.

In the budget pension costs were expected to increase by 10% in 2008.

The revenues, he says, are being used to cover current budget deficits rather than future pension costs.