Though financial watchdogs lauded Mayor de Blasio’s stewardship of the city’s economy over the past year, members at last week’s state Financial Control Board meeting warned of unfunded liabilities that may continue to widen if not addressed.
John A. Levin, who spoke on behalf of the board’s private-sector members, said that as of June 2014, the pension system was 73 percent funded, leading to a $46.6-billion taxpayer liability.
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