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THIS WEEK Lake George....................2-4 Warrensburg ....................5 Opinion ..........................6 Thurman ........................7 North Warren ..................12 Week in Sports................16 Calendar ........................17 Classified........................20
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December 19, 2009
Wedding bells
Arrested
Sports
A weekend of bridal events is planned for Lake George.
Suspect in abduction case is apprehended in Florida with victim’s jeep.
All the scores and stats from your favorite teams.
Page 5
Page 2
Page 16
Local taxpayers to save millions with pension reform WCS taxpayers to glean $8.9 million By Jon Alexander denpubs@denpubs.com
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Photo by John Lustyik
Tessier lauded after 26 years as town supervisor By Thom Randall thom@denpubs.com LAKE GEORGE — For more than a quarter century, Lou Tessier has listened to countless monthly reports on the condition of the town dump, and 300 or so routine tallies of how many street lights are burned out in town. Tessier ’s heard thousands of complaints concerning water, sewer, highway and development problems — which he’s sought
to fix — and he’s attempted to quell occasional squabbles between neighbors or town employees. Over his 26 years as town supervisor, he’s listened to one rant after another, some with merit, others baseless. But as of Dec. 31, Tessier will be free of the routine disputes and problems routinely fielded by town officials, as he is retiring and Frank McCoy is taking over the helm. Tuesday, Tessier presided over his last
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See TESSIER, page 3
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town board meeting, and a capacity crowd gathered to pay tribute to his quarter-century-plus of service. They heard Tessier, for the last time, lead the board in the Pledge of Allegiance — in his trademark Queens-bred twang. The town meeting agenda, devoid of “New Business” or “Old Business” entries, was devoted primarily to testimonials to Tessier. Each of nearly a dozen presenters —
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See PENSION, page 18
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ALBANY — Local taxpayers in Warren, Hamilton and Essex counties will save many millions of dollars in the coming years after pending pension reforms take effect, according to figures state officials provided this week. Future personnel costs of local municipalities and school districts will be substantially reduced due to pension reform Gov. David Paterson signed into law Thursday, according to calculations by state officials. For Warren County government, taxpayers will save an estimated $26.4 million over the next 30 years, due to the reform. For small school districts in Warren County, savings are in the $5 to $9 million range. For Warrensburg Central School District, this pension reform savings over the next 30 years is estimated to be $8.9 million, and for the town of Chester, the savings is projected at $3.4 million. For the town of Warrensburg, taxpayers are expected to save $715,000. Similar savings are expected over that time period for other area school districts and municipalities. Savings to Lake George School District is expected to be $8.7 million over the three coming decades, according to the state Office of the Budget. “In order to get our fiscal house in order, Albany must make fundamental reforms to the way it spends money,” Paterson said in announcing the reform measures. “This is the first substantive pension reform in a quarter century, and it is another critical step toward making our government more accountable to taxpayers.” Under the new Tier V Reform plan, which was passed last week as part of the state Deficit Reduction Plan, newly hired public employees will be subject to a significantly less generous pension package and be required to chip in more toward their retirement. Yet-to-be-hired employees will be required to work longer before accessing their benefits and the minimum age of retirement will be raised from 55 to 62. According to the state Office of the Budget, New York will save in excess of $1 billion annually over the next 30 years.
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