You are exaggerating that number greatly. The number is 8% of the budget for retired employees. PDF Source, page 9: https://www.osc.ny.gov/files/reports/osdc/p

You are exaggerating that number greatly. The number is 8% of the budget for retired employees. PDF Source, page 9: https://www.osc.ny.gov/files/reports/osdc/pdf/report-17-2025.pdf https://www.osc.ny.gov/files/reports/osdc/pdf/report-17-2025... It should be noted that the MTA has made at least some pension reforms so that current and future employees won't be as costly. Employee contributions are increased as well as the retirement age.