At the same time, discussions have heated up in state governments about replacing underfunded pension
plans for government workers with defined contribution plans and about providing uncovered private - sector workers with individual account plans.
Though the Senate Republicans have repeatedly insisted they would not accept any of the new taxes and / or fees proposed by the governor in the state budget, the final deal is likely to include a tax on opioid manufacturers, surcharges on taxi and Uber rides in Manhattan and also a new, uniform sexual harassment
policy for government workers.
Sarasota County stopped hiring smokers a few years ago, citing the burden they place on taxpayers who
pay for government workers» health insurance.
In a plan unveiled in mid-May, Schwarzenegger called for the elimination of the state's welfare program, a 60 % reduction in community mental - health programs, a 5 % pay
cut for government workers, and the near elimination of drug and child care subsidies.
Wisconsin and Michigan have both seen union membership plummet after the enactment of «right - to - work» laws that made joining a union
optional for government workers.
Most importantly, it implements a 401 (k)- style retirement plan
for government workers going forward, a solution that's been under lawmakers» noses for nearly 20 years.
Between 1.5 and 2 percent a year seems the norm these
days for government workers fortunate to have a job, and are figures many of us in the private sector can only dream about.
ALBANY — The cities of Rochester and Buffalo announced Wednesday that they would raise the minimum
wage for government workers to $ 15 an hour by 2021, matching Gov. Andrew Cuomo's move for state workers and fitting into an overall push by the Democratic governor to win legislative approval of an across - the - board hike.
Federal Housing Administration (FHA) and Veterans Administration (VA) Loans are federally backed loans put in
place for government workers and veterans.
ALBANY, N.Y. (WBEN / AP)-- New York lawmakers inched closer to a deal on a new state budget Thursday that includes a tax on opioid manufacturers, surcharges on taxi and Uber rides in Manhattan and a new, uniform sexual harassment
policy for government workers.
When Gov. Andrew Cuomo recently signed a bill making it
harder for government workers to escape labor unions, he said it was just «the first step of the resistance.»
If the public and policymakers think $ 36,000 a year in pension payments are too generous, they might support policies that cut retirement benefits and overall
compensation for government workers.
Daniel Loeb, Paul Singer and dozens of other hedge - fund managers have poured millions of dollars into promoting charter schools in New York City and into groups that want to revamp pension
plans for government workers, including teachers.
For government workers themselves, it's even worse, because they will likely be unable to verify their employment on a mortgage application.
New York lawmakers inched closer to a deal on a new state budget Thursday that includes a tax on opioid manufacturers, surcharges on taxi and Uber rides in Manhattan and a new, uniform sexual harassment policy
for government workers.
«You know how complicated it is
for government workers to get plane tickets,» Mayor Dean says.
The best plans — typically
those for government workers — provide income that is indexed, meaning your monthly payments will gradually increase in retirement to partially or fully offset inflation.
Here's a nifty way to solve the pension crisis: let private sector workers join plans set up
for government workers.