Organized benefit funds could save taxpayers more than $160M: report

Organized benefit funds could save taxpayers more than 0M: report
Big Apple taxpayers could save more than $160 million a year if the city’s 108 union-administered benefit funds — most of which are operated separately — consolidated their management and purchasing, according to a report released Thursday. That’s because many of the funds have sky-high administrative expenses, build reserves much larger than needed, and are…