Maybe Few Believe Universal Health Insurance Is On The Way Any Time Soon?

I was wondering who exactly was agitating for the repeal of term limits, since it seems to be a relatively arcane argument, but now it makes sense:

The elected leaders pushing to overturn New York City’s term limits say they are motivated by principled objections to the 15-year-old law.

But should they succeed, many stand to gain a significant financial perk: lifetime retiree health insurance that costs the city up to $12,600 a year.

Those benefits could amount to millions of dollars in expenses over the next few decades, especially as health insurance costs surge, according to interviews with city officials.

Under current rules, city employees must work 10 years and pay into the pension system to become eligible for retiree health benefits. But the term limits law restricts members of the City Council, the mayor, public advocate, comptroller and borough presidents to two consecutive four-year terms — two years shy of the requirement.

Changing term limits to three consecutive terms instead of two, as Mayor Michael R. Bloomberg and members of the Council have hinted they might, would allow those officials — and members of their staff — to hit the 10-year mark without having to look for a new job with the city.