Thursday, September 04, 2014
Thursday, August 28, 2014
Tuesday, July 22, 2014
But workers are protesting the possible cuts.
Monday, March 17, 2014
Lee Fang, contributing writer for The Nation, reporting fellow with The Investigative Fund at The Nation Institute, and author of The Machine: A Field Guide to the Resurgent Right (The New Press, 2013), talks about his investigation into the investment practices of New Jersey's public pensions by the Christie administration.
Monday, July 29, 2013
By Karen DeWitt : NYS Public Radio/WXXI
New York State Comptroller Tom DiNapoli said there may be a glimmer of hope soon for fiscally-strapped cities. He said it's possible that local governments' pension payment obligations could be declining.
Friday, March 30, 2012
By Ilya Marritz
Little time remains for state and city workers to sign up for a more generous retirement plan. Earlier this month, Governor Andrew Cuomo approved a new class of pensions which goes into effect April 1.
Tuesday, November 01, 2011
By Karen DeWitt, New York Public Radio Capital Bureau Chief
A coalition of business lobbyists, city and village mayors, and school boards are pushing hard for reduced pension and health benefits for their employees, as part of a package of mandate relief that they say is necessary to help communities around New York live within the new 2% property tax cap law.
The groups want public workers and teachers to pay a minimum amount for their health insurances, at least 15% for individuals and 25% for families. They’d also like them to accept reduced pension benefits in the form of portable 401(k)s, and require that injured workers are awarded less money in some cases if they are hurt on the job.
Brian Sampson with the pro business group Unshackle Upstate says the newly passed 2% property tax cap is not going to work, unless local governments and schools get easements from those rules in order to cut costs.
“This is what the taxpayers are asking for,” said Sampson. “They want government that’s affordable.”
Governor Andrew Cuomo has created a mandate relief task force. It issued its first report last March, but contained no major shake ups to existing mandates. Sampson says the panel just “nibbled around the edges”.
Heather Briccetti, with the New York State Business Council, agrees.
“It’s very modest recommendations,” Briccetti said. “This is broader than what that task force has offered up.”
Governor Cuomo says mandate relief is “a work in progress”, and admits more needs to be done.
“It’s a continuing process, it’s an evolving process,” said Cuomo.
Cuomo was at a bill signing ceremony to require more health insurance coverage for autistic children.
Assembly Speaker Sheldon Silver, who also attended the event, says he thinks the governor and legislature took a “large step” this year toward mandate relief, and the Speaker says municipalities still want state money for the programs, they just don’t want to be told how to spend it.
“Which has its pluses and minuses,” says Silver, who cites instances of school districts receiving money for pre- Kindergarten programs, and saying they want the extra cash, but do not want to implement pre-K programs.
Unions, whose members would feel the brunt of many the mandate changes requested, were incensed. Danny Donohue, President of the state worker union CSEA, in a statement, accused the coalition of being a “front group” for Cuomo, and his “corporate allies”, who he says are using public workers as a “scapegoat”.
The coalition says they are responding to a request from the state’s Lieutenant Governor, Robert Duffy, who asked the audience at a recent Business Council meeting to provide specific examples of mandates that they find onerous.
Thursday, October 27, 2011
By Yasmeen Khan
Mayor Michael Bloomberg, city Comptroller John Liu and labor leaders said Thursday that they've developed a plan to potentially make New York City a national leader in the way public pensions are governed.
Thursday, October 27, 2011
By Stephen Nessen : Reporter, WNYC News
Hundreds of Long Island Rail Road employees may have scammed their way to large pensions in what prosecutors claim could amount to a $1 billion scheme, authorities said Thursday.
Thursday, June 16, 2011
Thursday, June 09, 2011
Governor Cuomo's proposal to reign in dramatically rising pension costs by creating a new "tier" for new public union hires is coming late in the legislative game. With only six session days left and a lot of outstanding legislative priorities (rent regulation laws, property tax cap, same-sex marriage) both Democratic and Republican legislators said it would be difficult to get the bill enacted before June 20.
Friday, May 13, 2011
By Alec Hamilton : Assistant Producer, WNYC News
— Richard Codey, former president of the New Jersey Senate and former New Jersey acting governor, on The Brian Lehrer Show.