Sentences with phrase «city police pension»

The county also will proceed with a request for a state waiver so that Barry can legally collect $ 236,000 annually in county salary and a New York city police pension, the spokesman said.

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.

The New York City Employees» Retirement System; the New York City Fire Department Pension Fund; the New York City Teachers» Retirement System; the New York City Police Pension Fund; and the New York Board of Education Retirement System, as joint filers (NYC Retirement System), c / o The City of New York, Officer of the Comptroller, 633 Third Avenue, 31st Floor, New York, New York 10017, which in the aggregate held 12,707,578 shares of common stock on November 15, 2011, the New York State Common Retirement Fund, whose address is the same as that of the NYC Retirement System, which held 19,560,008 shares of common stock on November 22, 2011, and the Illinois State Board of Investment on behalf of the State Employees» Retirement System of Illinois, c / o 180 N. LaSalle Street, Suite 2015, Chicago, Illinois 60601, which in the aggregate held 928,927 shares of common stock on November 18, 2011, the Judges» Retirement System of Illinois and the General Assembly Retirement System of Illinois, as co-filers, intend to submit a resolution to stockholders for approval at the annual meeting.

Not exact matches

The city is weighed down with debt, billions in unfunded pension obligations, declining credit ratings, a police department often accused of using excessive force against African - Americans, a rising tide of murders, and a host of other troubles.

The proposed $ 100.8 million budget will spend millions on police and fire pensions as well as a 3 percent pay raise for city workers.

The average Chicago property tax bill is going up about 10 percent this year following City Hall and Chicago Public Schools tax hikes to pay for police, fire and teacher pensions, according to calculations released Tuesday by the Cook County clerk's office.

Lawmakers are also considering an extension of a tax break for lower Manhattan real - estate that is favored by the Real Estate Board of New York and a provision to bolster New York City police and firefighter pensions.

There would, however, be a separate bill in which Cuomo seeks an agreement to allow some police officers, firefighters and members of the New York City Employees» Retirement System, which includes corrections officers, to qualify for enhanced accidental disability pension benefits, according to an anonymous administration official who spoke to the New York Times.

However, by far the most expensive of all the public pension changes proposed this year — a restoration of generous disability retirement benefits for recently hired New York City police and firefighters — did not win approval before the legislative session ended.

Not by coincidence, New York City's fire and police pension funds also have large unfunded liabilities.

Lt. Gov. Bob Duffy and his wife, Barbara, reported $ 262,180 in gross income, including Barbara's compensation from a human resources consulting firm and Bob's $ 70,255 pension from the City of Rochester, where he was a police officer, police chief and mayor.

MANHATTAN — New York City's teachers, police and firefighters lost billions of dollars in pension funds in the Wall Street crash, and now they want Albany to give them the right to sue to reclaim them.

New York City Comptroller Scott Stringer added roughly $ 270 million of police and firefighter pension money into high - priced hedge funds in May after complaining about the fees — and pulling...

Among those fleeced were New York City's police pension fund and the New York City Employees Retirement System.

De Blasio sent a letter to the city's Police Pension fund in January this year, calling on its board to vote for divestiture.

New York City Mayor Michael Bloomberg, seeking to avoid future budget gaps, wants to slash a $ 12,000 pension bonus paid each year to police and firefighter retirees, but public - employee unions have vowed to fight.

«Ganim also received kickbacks from stockbrokers, who in exchange invested the city's police pension fund in high - risk investments that ultimately failed,» the campaign said.

More NYPD cops are abandoning their blue uniforms before getting their pensions, the city's largest police union charged on Tuesday.

More NYPD cops are abandoning their blue uniforms before getting their pensions, the city's largest police union charged.

It's possible lawmakers will also consider a measure to bolster pension benefits for New York City police and firefighter unions as well as an extension of local sales tax measures.

Syracuse, NY — A Syracuse police officer who spent eight years chauffeuring and protecting former Mayor Matt Driscoll retired with the highest pension of 47 city workers in 2009.

The distinction in disability pensions was created by former governor David Paterson as a cost - saving measure in 2009, and has become a flashpoint in a broader feud between de Blasio and the city's police and fire unions — one that Cuomo has seized on as he and the mayor fight over a host of other issues.

A fight over disability pension benefits escalated on Friday, with the de Blasio administration defending its proposal and police and fire unions and members of the City Council claiming it short - changes uniformed workers, forcing them to choose between a better line - of - duty pension or a higher cost - of - living increase after retirement.

De Blasio said Friday that New York City pension funds have divested with the exception of the police, fire and education departments.

Overall, Duffy reported $ 237,995 in gross income that included $ 182,950 from his pension (Duffy is a former Rochester police chief and the city's mayor) as well as his $ 153,823 in pay as lieutenant governor.

Arbetter pointed out that some of the bills weren't released until 3 a.m., and there's been little explanation as to why New York City firefighters and police were excluded from the pension - reform measure.

Five members of the City Council are withdrawing their support for a resolution that would boost disability pension benefits for New York City police officers and firefighters.

On Wednesday, Bloomberg proposed that future city police and firefighters would no longer be able to boost their pensions by working overtime in their final years on the job, a common practice that inflates publicly subsidized pensions.

Mayor Bill de Blasio, generally a champion of unions, opposes a state Assembly bill that would boost disability pensions for New York City police officers because he believes it would put too big a dent in the city budget, Capital has learCity police officers because he believes it would put too big a dent in the city budget, Capital has learcity budget, Capital has learned.

The city adopted changes to our participation in the NYS police pension plan which will lead to more officers retiring after 20 years of service.

The city budget — all figures are approx estimates — is 75 percent fixed costs salaries and benefits — Obamacare, worker's comp, state retirement, state police and firemen's, pension system.

As fire and police union officials rallied in Albany with Gov. Andrew Cuomo today for increased disability pension benefits for injured officers, the City Council hastily scheduled a hearing to vote through an opposing proposal from Mayor Bill de Blasio that the unions say does not go far enough.

And through it all, the pension costs for city workers — particularly for police officers and firefighters, who can retire early and draw on those pensions for decades — kept going up.

You're also the lead sponsor of an initiative that would allow cities and the state government to potentially reduce pension payments to government workers like teachers, state employees, and police officers, all groups that are traditional Democratic supporters.

Provide all new hires at the City, except for sworn police officers, with a defined contribution plan modeled after a 401 (k) plan in place of a defined benefit pension plan.

At a time when New Yorkers are facing higher energy costs than their neighbors due to the state's anti-fossil fuel policies, Bill de Blasio has taken New York City further down a path that will harm consumers — not to mention police officers and other city employees whose pensions are suffering from similar politicizatCity further down a path that will harm consumers — not to mention police officers and other city employees whose pensions are suffering from similar politicizatcity employees whose pensions are suffering from similar politicization.

The treasurer, who sits on the police pension fund's board, refused to answer a subpoena for documents regarding deals between DV Urban Realty Partners and the city's pension funds.

Because of the sky high pension / insurance / benefits costs associated with police / fire employees, cities long ago figured out that it is way cheaper to pay existing employees OT than it is to hire additional safety employees... so like David Greene, I worked.

Molin has a good sense of what big investors are looking for in net lease because U.S. Realty Advisors represents a number of institutional players, including the pension systems of San Diego County, the City of San Diego and Los Angeles Fire & Police.