Study: Underpaid Judges Borrow Against Pensions
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State judges in New York are so underpaid that about 10% of them are borrowing against their pensions to make ends meet, a new report found.
The study, by the National Center for State Courts, was done at the request of Chief Judge Judith Kaye of the New York Court of Appeals, who is lobbying the Legislature for a pay increase for judges statewide.
Judges of New York’s basic state trial court make $136,700 a year. They have not had a pay raise in eight years. When judicial salaries are adjusted for cost-of-living, only jurists in Oregon and Hawaii make less than judges here, according to the report.
