Not exact matches
It's easy for you Mr. DiNapoli to say
Pension Smoothing is an accounting gimmick that would leave pension funds exposed, but in the end it's likely the last window of opportunity that a City like Syracuse, NY had to get their house in
Pension Smoothing is an accounting gimmick that would leave
pension funds exposed, but in the end it's likely the last window of opportunity that a City like Syracuse, NY had to get their house in
pension funds exposed, but in the end it's likely the last window of opportunity that a City
like Syracuse, NY had to get their house in order.
The two have not talked to each other since October, but they have had a public exchange all spring over the governor's proposal to help cities
like Syracuse with a plan to
smooth pension costs over time.
Clearly, the accumulation of
pension wealth is not
smooth and steady, but rises with fits and starts after age 50, due to rules of eligibility for early retirement and the
like.
A lesser man would be in prison now, but Geraci had
smoothed things over by hand - delivering a cash donation to the
pension fund of the International Brotherhood of Teamsters, whose men in Florida had performed
like champs, and by paying a visit (and a sizable tribute) to the Stracci Family capo who controlled the docks in north Jersey.