But the budget proposal isn't tied to a specific dollar figure, EBRI points out.

WSJ: Family Value: Will the Government Shrink Your IRA?

Bloomberg's budget proposal doesn't set aside money to pay for the retroactive raises workers may be owed.

WSJ: Contracts a question as NYC mayor presents budget

Why didn't he lay out his plan in the budget proposal?

WHITEHOUSE: Press Briefing

Republican candidate Joseph Lhota, a former city budget director, called it problematic that Bloomberg's proposal didn't set aside money for resolving labor matters.

WSJ: Contracts a question as NYC mayor presents budget