Sentences with phrase «city pension rules»

Not exact matches

Senate Republicans passed a broad disability pension hike favored by the city unions, but Assembly Democrats honored the New York City Council's home rule message in favor of de Blasio's alternatcity unions, but Assembly Democrats honored the New York City Council's home rule message in favor of de Blasio's alternatCity Council's home rule message in favor of de Blasio's alternative.

At age 79 and with more than two decades of service, Molinaro was entitled under the city's pension rules to collect two government checks at the same time.

Mayor Michael R. Bloomberg proposed sweeping changes on Wednesday to New York's costly pension system, seeking to save billions of dollars by fundamentally altering long - established rules that have awarded generous retirement benefits to municipal workers and have deepened the city's financial hole.

ALBANY — New York City taxpayers ducked a giant new pension bill Monday when the state's highest court overruled lower courts to rule that the city didn't have to makCity taxpayers ducked a giant new pension bill Monday when the state's highest court overruled lower courts to rule that the city didn't have to makcity didn't have to make...

The fiscally conservative Empire Center this afternoon vowed to appeal a ruling by an Appellate Court today denying access to the identities of New York City Police Pension Fund recipients.

MANHATTAN — Mayor Michael Bloomberg painted a bleak economic picture in his annual State of the City address Wednesday as he outlined a series of contentious reforms to overhaul the pension system and rules governing teacher firing to save the city moCity address Wednesday as he outlined a series of contentious reforms to overhaul the pension system and rules governing teacher firing to save the city mocity money.

Comptroller hopeful and City Councilwoman Melinda Katz (D - Forest Hills) Monday called on the U.S. Securities and Exchange Commission to ratify proposed rule changes that would allow shareholders to nominate directors on corporate boards — a change she says would have tremendous impact on city pension fuCity Councilwoman Melinda Katz (D - Forest Hills) Monday called on the U.S. Securities and Exchange Commission to ratify proposed rule changes that would allow shareholders to nominate directors on corporate boards — a change she says would have tremendous impact on city pension fucity pension funds.

Most prominently, a federal judge ruled last month that the city of Detroit could declare bankruptcy, opening the door for it to cancel or revise contracts such as those for retiree pensions.

Because in California, under what's referred to as the «California Rule of Vested Rights», there are currently a very limited number of things that cities, counties, and the state of California can do to deal with the cost of pension benefits.

A 2011 Pennsylvania Supreme Court decision which forced the struggling city of Scranton to adhere to a $ 21 million arbitration ruling in favor of employees is now also helping drain the city's deeply indebted pension system.

New York City Mayor Michael Bloomberg has proposed new pension rules that would require workers to work at least 10 years, double the current requirement, to qualify for a pension.

In a widely expected ruling, the Illinois Supreme Court has upheld a Cook County state court ruling holding that a state law, Public Act 98 - 641, reducing annuity benefits for employees and retirees of the City of Chicago, in exchange for increased contributions to certain pension funds, was unconstitutional.