NY budget passes with pension reform by June 30

Market overview

Major pension changes are a sticking point in Albany negotiations. Given Hochul’s emphasis on structural reforms, the final budget is likely to include pension adjustments to address long-term liabilities and reduce state costs.

macro prediction market

Implied probability (Yes)

70%

Source: user-generated

More macro markets

• S&P 500 surpasses 6,500 by December 2027 — 70% Yes
• Highway Trust Fund revenue loss triggers 2027 infrastructure cuts — 60% Yes
• Australian coal exports to China fall 15% by Q4 2026 due to supply disruptions — 60% Yes
• Canadian dollar weakens against USD by 10% — 75% Yes
• Iran exports LPG volume rises 15% by Q4 2026 — 70% Yes
• US dollar strengthens against yuan by 5% within 6 months — 70% Yes
• Foreign institutional outflows from Japan equities exceed $50B by 2026 Q3 — 72% Yes
• Labour loses 10% of its UK polling lead to Greens by 2027 — 68% Yes

Browse all macro markets →