https://www.nasra.org/files/Issue%20Briefs/NASRACOLA%20Brief.pdf

New York State residents pay some of the highest state taxes in the country. While our tax burdens are among the highest, our benefits are among the lowest. Members of the NYS retirement system suffer from poor cost of living adjustments. State retirement pensions are inadequate because the COLA offered in NYS does not parallel the cost of inflation. Many other states - with far lower taxes - offer much greater retirement benefits and cost of living adjustments. We demand an annual 2% compounding COLA effective the first year after retirement for all NYS retirements. The people need to demand change. Consider signing this petition to hold NYS Governor Cuomo and your state senators accountable.