Sentences with phrase «city pension gains»
Wall Street Fees Wipe Out.5 Billion in New York City Pension Gains The Lenape tribe got a better deal on the sale of...
https://newyorkcityinformer.com/ Not exact matches
Further, Miner has made it clear that even with this temporary reduction in pension payments, the city still can not balance its budget and faces cuts that would compromise the gains made in the last decade.
Miner has gained state - wide prominence for being critical of Cuomo's plan for pension reform and aid to fiscally troubled upstate cities, telling The New York Times this week «it's kicking the can down the road.»
That is, the city spent millions of dollars enhancing pension benefits but gained very little.
The New York Times had a big story yesterday on how Wall Street investment fees wiped out $ 2.5 billion in investment gains for New York City pension funds.