Sentences with phrase «over pension smoothing»

Not exact matches

The two campaigns have traded barbs in recent weeks over a controversial amortization plan that Wilson characterizes as borrowing from the pension fund and DiNapoli's camp insists is merely «smoothing» to provide predictability for local governments and the state when it comes to contributions.

... That was lead of David Rubin's column in today's Syracuse Post-Standard, in which he sided with the city's mayor, Stephanie Miner, in her ongoing verbal battle with Gov. Andrew Cuomo over the governor's controversial pension smoothing proposal.

Cuomo declined to endorse in Miner's primary race following a year of very public disagreement over the governor's pension smoothing proposal.

SYRACUSE, N.Y. — Pension smoothing would cost Syracuse at least $ 124 million in extra pension payments over the next 25 years, according to an analysis prepared by the city budget depaPension smoothing would cost Syracuse at least $ 124 million in extra pension payments over the next 25 years, according to an analysis prepared by the city budget depapension payments over the next 25 years, according to an analysis prepared by the city budget department.

Former Lt. Gov. Richard Ravitch, a fiscal expert who has advised Miner over the past year, said Cuomo's pension - smoothing idea was «absolutely ridiculous.»

Miner's budget staff estimated that pension - smoothing would have increased the city's ultimate pension payments by $ 124 million over 25 years, or 24 percent.

A written statement from the Department of Work and Pensions said the «safe and smooth delivery» of the new system would «take precedence over meeting specific timings».

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.

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.