Sentences with phrase «new pension bill»

ALBANY — New York City taxpayers ducked a giant new pension bill Monday when the state's highest court overruled lower courts to rule that the city didn't have to make...

Not exact matches

A slew of new regulations passed in 2006, including the sweeping Pension Protection Act, affect everything from phone bills to 401 (k) plans.

Rep. Bobby ScottRobert (Bobby) Cortez ScottGAO report: Schools punish black students more severely Spending bill prevents employers from pocketing tips under tip - pooling rule Ryan, Pelosi name members to new budget and pension committees MORE (D - Va.)

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.

A bill expanding the share of New York public pension funds that can be invested in complex, high - risk alternative assets such as private equity and hedge funds has been vetoed by Governor Andrew Cuomo.

Because of the collapse of the financial markets in the Great Recession, cities and counties have been billed increasing amounts in the last few years to keep the New York State Pension Fund healthy.

The New York City bill would have imposed roughly $ 400 million in new costs on city taxpayers in the next four years, adding billions in liabilities to an already under - funded pension systNew York City bill would have imposed roughly $ 400 million in new costs on city taxpayers in the next four years, adding billions in liabilities to an already under - funded pension systnew costs on city taxpayers in the next four years, adding billions in liabilities to an already under - funded pension system.

«We here in New York State have hundreds of billions of dollars in our pension system,» Sen. Jack Martins (R - Old Westbury), the bill's co-sponsor, said Sunday.

Industry sources blame the city's byzantine system under former New York City Comptroller Bill Thompson, who oversaw many of the pensions» private equity investments from 2002 to 2009.

New York taxpayers are at risk of hundreds of millions in added costs from the 119 pension - sweetener bills now before the Legislature.

«We saw more and more of these bills leading up to the financial crisis and the bursting of the last pension bomb in New York state.»

The Treasury estimates the new lower benefit cap will save # 100m in 2016/17 and # 310m in 2017/18 - the benefit bill this year is # 220 billion (including pensions).

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 20New 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 20new disability pension protections and increased staffing for 20 of the Fire Department's roughly 200 engine companies by 2019.

«The mayoral control bill and the pension bill are both issues that New York City needs to get resolved,» he said.

There's a lot going on in the NYPD at the moment, labor negotiations, some 10,000 of our officers are under a new pension system that limits signficantly the amount — this occurred about four years ago when Gov. [David] Patterson signed a bill at midnight.

Citing stances the Senators have taken detrimental to the cause of working people, the flyers highlight: Protecting a failed tax system that favors the privileged at the expense of working people; increasing the tax on health insurance; siding with big corporations and against teachers and students to pass a Charter School Bill - with no real reform; creating a new Tier V pension; and attacking education by supporting an irresponsible property tax cap.

As for the pension forfeiture bill, Speaker Heastie says lawmakers actually have until the end of 2016 before they have to finalize the first step to change the state's constitution, so he says there's plenty of time to agree on a new bill.

New York City Mayor Bill de Blasio said Monday his administration had reached disability pension agreements with three municipal unions, deals that raised the amount of money received by employees who are injured on the job.

Cuomo was criticized during an all - night session in mid-March for issuing special messages of necessity to allow the Senate and Assembly to pass bills as soon as deals were struck on topics like a new pension tier for public workers, and redistricting lines.

The state Senate and state Assembly passed different versions of pension stripping bills in 2015, so New York is not able to propose a constitutional amendment to withhold pensions from officials who were elected before 2011.

John Adler was named chief pension investment adviser and director of the New York City mayor's office of pensions and investments, Mayor Bill de Blasio announced Monday.

The government should exempt SMEs from all new regulations, including all scheduled national minimum wage increases, pensions reforms, paternity leave extensions, the equality bill and the immigration cap.

They have consistently discovered — or invented — new reasons to delay a pension forfeiture bill from advancing.

Cuomo said in the memo accompanying his veto that passing the bill showed the Legislature «has chosen to ignore its commitment to shield property taxpayers from the costs of new statewide pension enhancements.»

«Wall Street Harry Wilson is in favor of preserving the federal tax loophole that lets hedge fund managers pay less on their taxes than the rest of the state, wants to turn over the pension fund to the same Wall Street bankers that almost brought our economy to its knees, is against President Obama's Wall Street reform bill AND wants to enforce a $ 2,500 tax hike on households outside of New York City in his first year if he was elected.»

New Yorkers are already distrustful of their Legislature; asking them to foot the bill to pay the pensions of convicted officials who betrayed them does nothing but exacerbate their concerns.

To prevent the impending lapse of mayoral control over New York City schools, the state Legislature and Governor Andrew Cuomo passed a two - year extension Thursday as part of a larger omnibus bill, which included a pension enhancement for certain uniformed workers, special recognition for former Governor Mario Cuomo, and several benefits for upstate areas.

ALBANY — State lawmakers were assembling the skeleton of a long - awaited deal on a number of issues on Thursday evening, including a one - year extension of Mayor Bill de Blasio's control of New York City schools and an ethics reform measure that would strip state pensions from elected officials convicted of a felony.

Calling it an «oppressive unfunded mandate» that would impose $ 57 million in «near term obligations» on local governments across New York State, Governor Cuomo has vetoed a bill that would have allowed public employees to claim up to three years worth of pension service credit for time spent in military duty.

New York taxpayers caught a huge break yesterday, when Gov. Cuomo vetoed a bill that would've let school districts borrow to cover pension costs.

[2] E.J. McMahon of the pro-market Empire State Center for New York Policy criticized the bills but placed major responsibility for them on Governor Andrew Cuomo, who in 2012 raised the possibility of better pension deals if the economy improved.

On February 13, 2013, New York legislators introduced eight bills to «sweeten» government employee pensions.

«This was a false choice... a deeply flawed and severely limited minimum wage bill that never would have passed in exchange for a fiscally reckless pension bill that would have cost New York City taxpayers $ 6 billion,» mayoral spokeswoman Karen Hinton said.

Arbetter pointed out that some of the bills weren't released until 3 a.m., and there's been little explanation as to why New York City firefighters and police were excluded from the pension - reform measure.

In March, Miner helped paint a green stripe down Salina Street for the annual St. Patrick's Day Parade, then headed to Albany to accompany Cuomo as he signed the new Tier VI Pension Reform Bill.

Mayor Bill de Blasio, generally a champion of unions, opposes a state Assembly bill that would boost disability pensions for New York City police officers because he believes it would put too big a dent in the city budget, Capital has learBill de Blasio, generally a champion of unions, opposes a state Assembly bill that would boost disability pensions for New York City police officers because he believes it would put too big a dent in the city budget, Capital has learbill that would boost disability pensions for New York City police officers because he believes it would put too big a dent in the city budget, Capital has learned.

In a new report released yesterday by the institute's Empire Center, we find that pension contributions will skyrocket over the next several years, because the state's pension funds made risky bets in the stock market and lost — leaving taxpayers, not public employees, to pay the bill.

Governor Paterson worked hard to create a more reasonable pension program for new state workers, but some of these bills undo that progress.

He says if the governor tries as hard to get campaign finance reform passed as he did to achieve legalization of same sex marriage and a new lowered benefit pension tier for public workers, then the bills can become law this year.

So far, the Senate and Assembly haven't even been able to agree to pass the same bill that would strip state pensions from New York state workers convicted of crimes related to their public duties, a measure that Horner said would probably be more symbolic than an actual deterrent.

In early 2016, spurred by a seemingly perpetual bankruptcy crisis at Detroit Public Schools (DPS)-- by this point, counting unfunded pension liabilities, the district was almost $ 1.7 billion in the red — the state senate narrowly passed a bill that would bail out the district and split it into two separate entities: the old DPS, which would exist to collect taxes and pay down debt, and a proposed new Detroit Education Commission (DEC) to oversee schooling in the city, including regulating the openings and closings of traditional public schools and charter schools.

The teachers union strongly opposes a pension reform bill that Gov. Matt Bevin signed this week under which new hires will have to enter a hybrid cash - balance plan, as opposed to a traditional pension.

1912: NEA endorses Women's Suffrage 1919: NEA members in New Jersey lead the way to the nation's first state pension; by 1945, every state had a pension plan in effect 1941: NEA successfully lobbied Congress for special funding for public schools near military bases 1945: NEA lobbied for the G.I. Bill of Rights to help returning soldiers continue their education 1958: NEA helps gain passage of the National Defense Education Act 1964: NEA lobbies to pass the Civil Rights Act 1968: NEA leads an effort to establish the Bilingual Education Act 1974: NEA backs a case heard before the U.S. Supreme Court that proposes to make unlawful the firing of pregnant teachers or forced maternity leave 1984: NEA fights for and wins passage of a federal retirement equity law that provides the means to end sex discrimination against women in retirement funds 2000s: NEA has lobbied for changes to the No Child Left Behind Act 2009: NEA delegates to the Representative Assembly pass a resolution that opposes the discriminatory treatment of same - sex couple

NJBiz Bills would restrict state pension fund investment options NJSpotlight New Jersey Hit With...

Some lawmakers are hoping to pass a bill in this lame - duck session of the Legislature that would force new teachers into a 401 (k)- style retirement system, and move the state away from supporting a traditional pension system.

The governor vetoed a bill that would have allowed New York school districts to issue bonds to cover their projected teacher pension cost increases over the next three years.

LANSING, Mich. (AP)- The Michigan Senate has approved a compromise bill that would end state - provided health coverage in retirement for new public school employees and require current workers to pay more for their pensions.

The Senate Health, Education, Labor and Pensions (HELP) Committee says that offering its own version of a reauthorization bill is its first priority in the new year.

Sousa also dismissed suggestions that the Ontario pension bill is designed to stall real progress on the issue until after next year's federal election in hopes a new government in Ottawa would be open to improving the CPP.

In Forma Pauperis — by Colorado Springs Bankruptcy Attorney Bob Doig Income — by New York Bankruptcy Lawyer, Jay S. Fleischman Income — by Marin County Bankruptcy Attorney, Catherine Eranthe Income Tax Refunds — by Michigan Bankruptcy Lawyer, Christopher McAvoy Indentured Servant — by Detroit Bankruptcy Attorney Kurt O'Keefe Independent Contractor — by Big Island Bankruptcy Attorney, Stuart T. Ing Injunction — by Lakewood, Ca Bankruptcy Lawyer, Christine A. Wilton Insiders — by Los Angeles Bankruptcy Attorney, Mark J. Markus Insiders — by Metro Richmond Bankruptcy Attorney, Mitchell Goldstein Instant — by San Francisco Bankruptcy Attorney, Jeena Cho Insurance — by Pittsburgh Bankruptcy Attorney, Shawn Wright Internal Revenue Service — by Livonia Michigan Bankruptcy Attorney, Peter Behrmann Investigate Your Options — by Philadelphia Bankruptcy Lawyer, Kimbery Coleman Investment Property — by St. Louis, Missouri Bankruptcy Attorney, Nancy Martin Involuntary Bankruptcy — by Cleveland Area Bankruptcy Lawyer, Bill Balena Involuntary Petition — by Omaha / Lincoln, Nebraska Bankruptcy Attorney, Ryan D. Caldwell IRA's, Pensions, etc. — by Philadelphia Suburban Bankruptcy Lawyer, Chris Carr IRS — by Northern California Bankruptcy Lawyer, Cathy Moran