Not exact matches
Faso was never accused of a crime or personally held liable for the improper
pension contact, but the Albany Times Union cited «a source close to the investigation» in reporting that «Faso arranged or tried to arrange meetings between the investment firm Kellner DiLeo & Co. and
officials at the state Common Retirement Fund, as well as the teachers, police and firefighter funds.»
Elected
officials can take both a salary and
pension at the start of a new term if they are over age 65 and were first elected before July 26, 1995.
In August, Newsday reported that
at least 13 former state elected
officials who were convicted of corruption and other charges are eligible to collect state
pension checks totaling more than $ 604,000 a year.
Elsewhere on the ballot, voters did approve an amendment to the existing constitution that allows for the stripping of
pensions for elected and appointed
officials convicted of a felony, a move aimed
at stoping corruption.
Both agencies acted with
official city and state misconduct, and in both cases, honest, credible evidence was repeatedly dismissed and ignored, and so was the corruption that remains to date — where knowingly false statements were made to discredit me (then later completely reversed during oral argument by my accusers), and both the DOI investigators (who appeared
at my doorstep many times to collect evidence) and MTA Office of the Inspector General investigators invited me back to their headquarters (more than six times), from 1989 to 2008), and continued to take no action to restore and reinstate my city job,
pension and social security contributions.
There hasn't been a lot of movement on ethics reform in Albany, as the legislative leaders remain
at odds on key provisions like banning outside income and stripping
pensions from convicted former public
officials.
At the same time, two major drivers of local government spending that
officials on that level can't control,
pension rates and Medicaid costs, are expected to decline and seen slower growth respectively.
At the same time, there's broad public support for a number of anti-corruption measures before the state Legislature this year, with the broadest backing given to a plan to strip public
officials convicted of a felony of their
pensions, 84 percent to 14 percent.
Local
officials say that would force them to slash already thin services unless the tax cap exempts state mandates like employee health care and
pensions, or is
at least tied to relief from state mandates and regulations.
Thursday night, word began circulating of a «framework» agreement reached between the so - called «three men in a room» — Gov. Andrew Cuomo, Assembly Speaker Carl Heastie and Senate Majority Leader John Flanagan — that would satisfy
at least the minimum requirements for both: The Democratic - dominated Assembly would agree to the first passage of legislation paving the way for a constitutional amendment that would allow for the stripping of public
pensions from elected
officials and other top
officials convicted of public corruption, and the Republican - led Senate would approve a one - year extension of mayoral control of New York City's schools.
At a speech given at Hofstra University, Cuomo announced a proposal for a new, less generous pension system for future state, local and school employees that is designed to save taxpayers $ 93 billion over 30 years, according to two officials briefed on the pla
At a speech given
at Hofstra University, Cuomo announced a proposal for a new, less generous pension system for future state, local and school employees that is designed to save taxpayers $ 93 billion over 30 years, according to two officials briefed on the pla
at Hofstra University, Cuomo announced a proposal for a new, less generous
pension system for future state, local and school employees that is designed to save taxpayers $ 93 billion over 30 years, according to two
officials briefed on the plan.
NEW YORK (AP)-- A former top
official at the country's third - largest
pension fund and two broker - dealers were charged Wednesday in what a federal prosecutor described as a classic bribery scheme that steered $ 2 billion in trades in exchange for drugs, prostitutes, vacations and U.S. Open tennis tickets.
Also set to be discussed
at Wednesday's Rule Committee meeting, a resolution in support of state legislation to require forfeiture of
pension monies for any lawmaker convicted of a felony pertaining to his or her work as an elected
official.
«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.
At a press conference this morning, David Cameron's
official spokesman has expressed confidence from within Downing Street for reaching a deal with the unions over public sector
pensions by the end of the year.
At the same time, Assembly Speaker Carl Heastie indicated his chamber is still unsure whether state employees, as well as elected
officials, should be forced to give up their
pensions if convicted of crimes.
If passed, the measure would dramatically expand on a
pension forfeiture provision of a 2011 ethics reform package that only applied to public
officials not already in the state
pension system
at the time — that is to say, no sitting lawmakers.
Our approach to valuing
pensions, which considers both the generosity and the risk of
pension benefits, is entirely consistent with economic theory, the way in which liabilities of all types are valued in the private sector, public - sector accounting standards in Canada and Western Europe, academic writings, and the judgments of
officials at nonpartisan government agencies such as the Congressional Budget Office, the Federal Reserve, and the Bureau of Economic Analysis.
Fallout from the public spending scandal in the southern California community of Bell has resulted in a number of bills passing out of the Legislature during the last days of session aimed
at reforming
pensions and salaries of government
officials.
While
official estimates are slightly lower, most reasonable estimates put California's total unfunded liabilities for state and local
pensions at around $ 500 billion.
While
official estimates are slightly lower, most reasonable estimates put California's total unfunded liabilities for state and local
pensions at -LSB-...]
The city of Pittsburgh boasted one of the worst - funded municipal
pension plans in the country last year
at this time and faced a state takeover of the system unless
officials could raise funding levels to
at least 50 percent of liabilities.
Public
pension reform has been a key issue at federal - provincial finance ministers» meetings at least since 2010, with officials having looked at three major proposals for Canada Pension Plan enri
pension reform has been a key issue
at federal - provincial finance ministers» meetings
at least since 2010, with
officials having looked
at three major proposals for Canada
Pension Plan enri
Pension Plan enrichment.
If you have a personal or workplace
pension fund that you have claimed, the
official receiver will look
at the income you get from it.