Sentences with phrase «annual state pension»

In addition to her new job, Rapfogel, once among the state's highest paid workers, and who officially retired in January, has a $ 115,889 annual state pension.

LaFave now receives an annual state pension of $ 69,555, according to the state Comptroller's Office.

Not exact matches

State and local employees» contributions to the two largest pension systems increased by 10 %, from 5 % to 5.5 % of their annual salaries and increased the retirement benefit age for new public employees, from 55 to 60 years.

My current pension is $ 125,000 / year (with a 2 % annual COLA); and if you add in that the State of California pays 100 % of our health care premiums, that pension is closer to $ 140,000.

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.

State Comptroller Tom DiNapoli is asking fellow investors in Wynn Resorts to vote their shares for the NY pension fund's request that the company disclose its direct and indirect political spending, which will be voted on at Wynn's annual meeting tomorrow.

This brief uses data from the Current Population Survey Annual Social and Economic Supplement5 to examine the importance of public pensions to black retirement security, and why the twin threats to public pensions — cuts to state pension benefits and the decline in public employment over the past two decades — particularly threaten the retirement security of African American workers.

Cuomo vetoed the pension sweeteners as a group, saying they would collectively «require the State and its localities to pay an estimated $ 15 million in one - time expenditures and would impose recurring annual costs estimated at $ 7.8 million.»

James Burke, the imprisoned former Suffolk police chief at the center of the indictments of Suffolk District Attorney Thomas Spota and a top aide, currently collects an annual pension of $ 145,485, according to state records.

With overtime and other extras, the village police force received an average annual salary of $ 141,384 before the arbitration award took effect, according to state pension records.

It's practically an annual tradition for state lawmakers at the end of the legislative session: approving bills designed to expand pension benefits for public employees.

The Tories» triple lock, which ensures the basic state pension always rises in line with the highest of earnings, inflation or 2.5 per cent, has seen the biggest ever annual cash increase in the state pension.

ALBANY — The day after former Assembly Speaker Sheldon Silver was convicted of federal corruption charges he filed for a state pension that makes him eligible for an estimated $ 85,000 to $ 98,000 in annual benefits.

He was the driving force behind a law passed in December that requires New Jersey to make quarterly rather than annual payments to its pension system,» the publication wrote in describing Senator Sweeney's battle with Governor Christie and others to ensure the financial health of the state's pension system.

The governor and the legislative leaders, meanwhile, announced an agreement on a budget scheme allowing the state and many local governments — but not New York City — to «borrow» nearly $ 6 billion over the next three years from the state pension system in order to use the funds to make required annual contributions back to the pension fund.

He also says he will freeze the wages and pensions of state employees and overhaul New York's Medicaid and education systems, which consume more than half of the state's annual budget.

«Similarly, the Kano State Pension Rights of Governor and Deputy Governor Law 2007 provides for 100 percent of annual basic salaries for former governor and deputy; furnished and equipped office; a 6 - bedroom house; well - furnished 4 - bedroom for deputy, plus an office; free medical treatment along with immediate families within and outside Nigeria where necessary; two drivers; and a provision for a 30 - day vacation within and outside Nigeria.»

ALBANY — The annual tradition in the State Legislature of proposing «sweeteners» to state pensions for workers and retirees represented by politically powerful unions has produced 120 bills so far worth hundreds of millions of dollars in benefits, according to the independent Citizens Budget CommisState Legislature of proposing «sweeteners» to state pensions for workers and retirees represented by politically powerful unions has produced 120 bills so far worth hundreds of millions of dollars in benefits, according to the independent Citizens Budget Commisstate pensions for workers and retirees represented by politically powerful unions has produced 120 bills so far worth hundreds of millions of dollars in benefits, according to the independent Citizens Budget Commission.

12:47 - Welfare payments - the annual increase in the basic state pension is protected by the triple lock, he reminds MPs.

Any move to increase the state pension age has been rejected by representatives at the Annual Conference of the NASUWT

The state's $ 178.6 billion pension fund, the third - largest in the US, has privately told hedge funds in recent weeks that they must earn a minimum 10 percent annual return — or they're going to get the boot.

I take it,» said disgraced former state Sen. Guy Velella, who receives a $ 75,012 annual pension from the state.

The Daily News reported Monday that eight members of New York's congressional delegation received pensions from the state while collecting their $ 174,000 annual federal salary.

Disgraced former state Sen. Guy Velella receives a $ 75,012 annual pension from the state.

Ulster's budget - making, like all towns and school districts, is an annual exercise in frustration, juggling rising healthcare and pension costs against a state - mandated tax cap which next year will restrict property - tax increases to less than 1 percent.

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 money.

ALBANY, N.Y. — New York state Comptroller Thomas DiNapoli's 2009 tax returns made public Monday show the Democrat's annual income rose by just $ 29, as he guided the $ 129 billion state pension system out of recession.

One received $ 118,696 in annual pay and benefits from the foundation, as well as a state pension of just over $ 76,000 for the same position.

«In Akwa Ibom, state law provides for N200m annual pay to ex-governors, deputies; pension for life at a rate equivalent to the salary of the incumbent governor / deputy governor respectively; a new official car and utility - vehicle every four years; one personal aide and provision of adequate security; a cook, chauffeurs and security guards for the governor at a sum not exceeding N5m per month and N2.5 m for the deputy governor.

Syracuse mayor Stephanie Miner, a Democrat and then co-chair of the state's Democratic party, stunned the Cuomo Administration when she openly criticized a plan he announced during his 2013 annual address that would have allowed cities to defer pension payments.

Before 2000, most state and local retirement system participants contributed 3 percent of their annual salary toward their pension.

ALBANY — Gov. David A. Paterson and legislative leaders have tentatively agreed to allow the state and municipalities to borrow nearly $ 6 billion to help them make their required annual payments to the state pension fund.

The DfE has said this was driven by a rise in those moving to go «out of service», which refers to qualified teachers who are not identified as teaching in either a state of primary school in the government's annual workforce statistics, but were teaching the previous year and not claiming pension.

Each state pension plan publishes a Comprehensive Annual Financial Report (CAFR), which includes withdrawal rate tables that estimate the percentage of teachers who will leave the system before they are eligible for normal retirement.

Using data on contributions from NASRA and pension fund annual reports where necessary, and using weights based on the number of teachers employed in each state or district as reported in the NCES Common Core of Data, it is possible to compute average employer contribution rates for teachers.

More than 100,000 retired educators in Ohio won't receive their annual bonus checks this year from their state pension fund.

In the average state, a full - career state employee receives an annual pension of $ 36,131.

We also reviewed individual state pension - plan information, in the form of either a list of schools that participated or annual financial audits that list the members of the plan.

It will add new funding streams to the state's woefully under - funded pension plans, limit pension «spiking» whereby employees cash out vacation and sick leave to artificially inflate their benefits, raise the retirement age for current workers, limit annual cost - of - living adjustments, and allow a limited number of employees to choose a defined contribution plan over the traditional defined benefit.

Annual payments (adjusted for inflation) devoted to paying off the state's pension debt, however, more than doubled from $ 540 to $ 1,200 per student.

The annual bill for pension and retiree health care totaled $ 124 billion, as of fiscal year 2010 — about what states spent on transportation that same year.

A report expected next week on reforming Connecticut's state employee public pension system will recommend cutting the annual expected rate of return by 1 percentage point to 7 percent, a lead researcher told Reuters on Friday.

California's annual pension costs have risen from 3 % of all state and local government revenue (i.e., «taxes») to nearly 10 % today, and there is no end in sight.

The total bill for annual pension contributions to the Philly school district by 2020 will be $ 349 million, meaning that the state will have to kick in $ 210 million annually by 2020 (it's currently spending $ 73 million as its share of Philly pensions).

Gov. Dannel P. Malloy announced a deal Friday with state employee unions that would allow Connecticut to dodge a fiscal iceberg by holding down annual pension costs otherwise set to spike over the next 16 years.

Each year, state government has to make payments on POBs that were approved in 2003, 2010 and 2011 to cover annual pension contributions.

And, while not part of the budget for education, Illinois must also pay down the portion of the state's annual pension obligation bond payments (POBs) allotted to the Teachers» Retirement System, or TRS, which covers all Illinois elementary - and secondary - school teachers outside of Chicago.

Even with that gimmick alleviating pressure from the state, Pittsburgh's pension fund continued projecting an unrealistic 8 percent annual investment return despite pressure to lower it.

My mother - in - law's California state pension has a fixed 2 % annual adjustment, regardless of the actual inflation rate.

Pension fund returns fell below the interest rate on New Jersey's bonds, and the state, faced with budget deficits, stopped making the annual contributions required to keep pace with rising costs.