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Politico puts proposed lawmaker raise into perspective
Bill Mahoney is reporting at Politico New York on what a suggested legislative pay raise could mean in real dollars. He writes it could be a record high, even when adjusting previous salaries for inflation. At a meeting last month of the Commission on Legislative, Judicial and Executive Compensation, it was suggested lawmakers could early nearly $117,000 next year, a 47 percent increase in their current annual salary. Any increase would require approval by at least one of Gov. Andrew Cuomo's three appointees to the commission. Several of them have expressed skepticism about raising lawmakers' pay at all. According to Mahoney's calculations, over the past 50 years, lawmakers have earned an inflation-adjusted average of $91,000 per year. With their raise to $79,500 in 1999, the legislative salary was equal to nearly $115,000 today, Mahoney writes. If the suggested increase is approved, the new amount would result in the biggest difference between legislators' salaries and the amount earned by a typical New Yorker. On average, lawmakers have made about 1.71 times as much as the typical New York household, but the suggested increase could raise that ratio to more than twice what a representative New York household brings in. Read the full story at Politico New York.