An actuary relied upon by the New York legislature underestimated pension costs by $500 million, records show.

An actuary relied upon by the New York legislature underestimated pension costs by $500 million, records show.

Johathan Schwartz prepared fiscal notes on hundreds of union-backed bills involving New York City pensions in recent years, but his financial relationship with the unions was not disclosed.

Albany legislators failed to disclose that an expert who advised them was paid by unions that would benefit.

Albany legislators failed to disclose that an expert who advised them on laws enriching state employee retirement plans was bankrolled by the unions that benefited.

Albany legislators failed to disclose that an expert who advised them on laws enriching state employee retirement plans was bankrolled by the unions that benefited.