Sentences with phrase «for city pension»

Staten Island Borough President Jim Molinaro applied for his city pension this year — on top of his $ 160,000 city salary — but then had second thoughts about how his constituents in the city's most conservative borough would view the double - dip and pulled back the application.

«Scott was among the first to call for a ban on private placement agents for City pension investment and also worked to advance shareholder initiatives to align corporate executive pay with long - term performance, promote workplace diversity, increase transparency and sustainability, and disclose corporate political spending.»

Not exact matches

He criticized states for kicking the can down the road, living beyond their means year after year in a «never - ending sense of crisis» that results in «stop - and - go funding of vital programs,» such as those for infrastructure, education, pensions and city and county services.

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.

Based on the Illinois Supreme Court's May 8 overturning of the statute that governs the State of Illinois» (A3 negative) pensions, we believe that the city's options for curbing growth in its own unfunded pension liabilities have narrowed considerably.

Last week, New York City comptroller Scott Stringer called for similar changes in Facebook's board structure on behalf of the city's municipal pension fund, a significant investor in FacebCity comptroller Scott Stringer called for similar changes in Facebook's board structure on behalf of the city's municipal pension fund, a significant investor in Facebcity's municipal pension fund, a significant investor in Facebook.

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.

Cities and villages across the state are raising taxes or implementing new ones for a variety of functions, from attracting a fast - food restaurant to catching up on rising pension costs.

Canada Pension Plan Investment Board recently committed to a $ 234 - million joint venture to build a residential, office, retail and hotel space in the city of Suzhou, China, for example.

The agreement frees up roughly $ 100 million for the city's pensions and «that's pretty good,» he...

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.

The city officials tried to arrange for Socrates to escape, but he refused to cooperate: Either I have been a benefactor and should receive a pension, he said, or my accusers are right.

Away from the City's boardrooms and the secure confines of Westminster, many individuals and companies are struggling to reconcile the need for adequate pension provision with the challenge of running a sound business.

For what it's worth, Spitzer and Bloomberg are again disagreeing — this time over the mayor's warning that NYC could very well go the way of Detroit if his successor fails to control the city's rapidly rising health care and pension costs.

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.

«As a fiduciary of the New York City Employee Retirement System for the last 8 years, Scott has worked with his fellow trustees to grow the City's pension funds through prudent investments, improving diversification and ensuring more rigorous assessment of risks to investments such as corporate accountability and violations of environmental regulations.»

The omnibus extraordinary session package also provides a financial incentives to entice Vernon Downs racino and harness track to remain open; offers $ 55 million in relief for Lake Ontario communities ravaged by flooding; tweaks a law to allow New York City first responders to receive an accidental disability pensions even if they don't receive a federal Social Security disability pension; and creates a 250 - acre forest land bank to allow for certain public utility projects under a constitutional amendment.

Yesterday marked the end of a second straight sub-par fiscal year for most of the nation's state and local public pension funds, including all five New York City funds and the New York State Teachers» Retirement System (NYSTRS).

As I explained in the post below, city residents may also be paying state taxes to cover the pension contributions of localities elsewhere in the state, even as city residents pay more than anyone anywhere for the city's own pension contributions.

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.

The board of the New York City Employees Retirement System, the city's largest pension fund, voted on Thursday to divest the $ 54.5 billion fund's holdings in companies that sell firearms, a spokesman for City Comptroller Scott Stringer sCity Employees Retirement System, the city's largest pension fund, voted on Thursday to divest the $ 54.5 billion fund's holdings in companies that sell firearms, a spokesman for City Comptroller Scott Stringer scity's largest pension fund, voted on Thursday to divest the $ 54.5 billion fund's holdings in companies that sell firearms, a spokesman for City Comptroller Scott Stringer sCity Comptroller Scott Stringer said.

But disability pensions must be contained or the city will not be able to make other important investments, including funds for law enforcement.

Tax - funded public - pension costs for every level of state government rose from absolutely minimal levels in 2000 to a grand total of more than $ 16 billion last year, half of it in New York City alone.

Senator Savino, a former high ranking union official, says municipal union leaders in New York City have not yet been adequately briefed on a policy that would represent a big change for public pensions.

With the city facing more budget cuts or even, as she suggested, «insolvency,» Miner was hoping for relief in an area where Albany is itself the prime culprit because of the exploding cost of pensions and benefits promised to public employees.

The Mayor went on the say that what does threaten the city are rising pension and health care costs for public employees.

The New York legislature was closing down on an end - of - session deal that would strip convicted lawmakers of their pensions, extend mayoral control of New York City schools for one more year, and legalize daily fantasy sports gambling.

* Concerning the city pension funds» adoption in 2012 of a 7 percent assumed rate of return, Bloomberg added: «If I can give you one piece of financial advice: If somebody offers you a guaranteed 7 percent on your money for the rest of your life, you take it and just make sure the guy's name is not Madoff.»

The former head of the city firefighters union — who now runs the FDNY's pension fund — was arrested Wednesday for allegedly crashing his government car in Manhattan while drunk...

The city's four biggest funds, including those for teachers, firefighters and cops, lagged their peers in a Post analysis of the 50 «most active» city and state public pension private equity investors.

MIDDLETOWN — An increase in workers» compensation insurance premiums and pension costs for city employees will make it tough for Middletown to develop a 2014 budget, Mayor Joseph DeStefano said.

In the Empire State, the push for alternatives was spearheaded New York City's pension funds, with the backing of Comptroller Scott Stringer.

New York lawmakers wrapped up the 2016 legislative session at around 5 a.m. Saturday morning, agreeing to take steps to cancel the pensions of convicted lawmakers in the future, legalizing daily fantasy sports and extending New York City's mayoral control law for another year.

By extending Tier 2 disability benefits to Tier 3 members, it would perpetuate a system in which disability pensions have become downright common for city firefighters, in particular.

All four candidates also said they would favor collective bargaining with city employee unions over possibly reducing pension benefits for new employees in order to rein in the budget, rather than a unilateral decision by the city.

The pension liabilities for New York state and New York City have been kept in check over the years by hiking contributions, but increasing costs could place pressure on future budgets, according to report released this week by Moody's.

Mayor Bill de Blasio announced a tentative agreement on Thursday with the New York City firefighters» union for a seven - year labor pact that includes retroactive raises for firefighters, new disability pension protections and increased staffing for 20 of the Fire Department's roughly 200 engine companies by 2019.

They've clashed over city contracts, teacher layoffs, and pension costs, and Bloomberg's team thinks that Liu is basically using City Hall as a foil to make himself look good for a 2013 mayoral city contracts, teacher layoffs, and pension costs, and Bloomberg's team thinks that Liu is basically using City Hall as a foil to make himself look good for a 2013 mayoral City Hall as a foil to make himself look good for a 2013 mayoral run.

In 2009, David Paterson, the governor at the time, vetoed a pension sweetener for city cops and firefighters that had been typically carved into the state budget.

Bloomberg specifically mentioned his support for a new pension tier for future employees that Cuomo offered up last week in his budget address, both in his own city and across the state, calling the current growth «unsustainable.»

New York, NY — Just one day before dozens of New Yorkers will take action at the New York City pension fund meeting calling for full divestment from fossil fuels, actor and environmentalist Leonardo DiCaprio added his voice, calling on New York to step into its leadership and divest from fossil fuels.

As a trustee of the City's largest public pension fund, I have repeatedly called for the divestment of all public pension dollars from gun retailers and manufacturers, and I am encouraged by the Mayor's call today to divest from assault weapon manufacturers.

A recent decision by the federal Department of Justice to scale back and eventually end the use of private prisons indirectly impacted New York City's pension funds, reducing holding values by millions of dollars and leading to renewed calls from activists for the city to divest from the for - profit corporations that operate these prisCity's pension funds, reducing holding values by millions of dollars and leading to renewed calls from activists for the city to divest from the for - profit corporations that operate these priscity to divest from the for - profit corporations that operate these prisons.

Despite climate change posing an immediate existential threat for New York, the pensions still invest heavily in fossil fuel companies.Recent reports have revealed, at business as usual, New York City is at risk for Sandy - like flooding at least every 20 years.

The San Diego Tribune, for example, reported in 2010 that an assistant city attorney who earned an annual salary of $ 153,000 took a $ 235,000 pension.

Albanese also supports non-partisan elections and calls for pension system reform, to streamline management of the city's sizeable public pensions.

Those issues ranged from a plan to cut taxes for the struggling Vernon Downs harness track in central New York to the proposal to put more speed cameras around New York City schools and legislation related to those who qualify for enhanced accidental disability pension benefits in New York City.

For instance, Blackrock managed $ 4.1 billion for NYCERS, the city's largest pension fund, in the Russell 3000 Index, charging $ 184,000 in fees, or.004 perceFor instance, Blackrock managed $ 4.1 billion for NYCERS, the city's largest pension fund, in the Russell 3000 Index, charging $ 184,000 in fees, or.004 percefor NYCERS, the city's largest pension fund, in the Russell 3000 Index, charging $ 184,000 in fees, or.004 percent.

The total boost for 45 of the bureau's 61 positions would top more than $ 2 million, and comes after the Stringer got an external firm to review what similar positions pay on Wall Street, at city nonprofits and at other sizable public pension funds.