already spends 50 cents of every dollar on pension, health care costs and debt. the mayor blames the city s labor agreements. things have to change. reporter: the city s firefighters and police can retire at age 50 after 20 years of service landing a pension equal to half of their takehome pay, and firefighters can boost their pensions by working more overtime in the last three years on duty, a practice called pension spiking. is that fair? it s not, and we have brought it up to the fire union. they re aware of it. they pushed back. you re saying pension spiking does not go on? not in this bureau. it s an even rotating list. reporter: firefighters deny they re engaging in pension spiking and blame city haul. because of fiscal mismanagements and the government, the working man shouldn t have to suffer. reporter: the local firefighters union is open to raising the retirement age but says this is no job for senior citizens.