Sentences with phrase «pension officials say»

The Park District acknowledges it did so, in part, to pad the executives» pensions, a practice pension officials say is wrong.

Some pension officials said they don't plan to make drastic changes based on GASB's decision.

Not exact matches

The retirement age, pension cuts, privatizations and the government's intention to reinstate collective bargaining restrictions in the labor market are all areas where Greece and and its creditors remain far apart, the official said.

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.

Park officials said that according to a state - mandated tax levy, $ 10 million was collected for pension obligations in the last fiscal year.

The two men who oversaw prosecution of the pay - to - play pension fund scandal that resulted in former comptroller Alan Hevesi's jail sentence today both said the penalty should serve as a warning against other public officials seeking favors and gifts while in office.

In proposing tighter rules for lobbying before the pension fund, Gov. Andrew Cuomo also said he wanted to put end to corrupt officials receiving their pensions, but no bill has been produced.

Vicki Fuller, the top official overseeing the state's $ 200 billion pension fund, is retiring this summer, Comptroller Tom DiNapoli said Friday in a statement.

But having said that, paying union officials their state salaries on leave and having them continue to accrue full Pension System time is an issue.

Maureen Cunningham, 53, a West Babylon Democrat, said she supports forfeiting the pensions of convicted officials, saying the money should be used toward the costs of the investigations that led to their arrests.

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.

Bharara said he would go after the public pensions of elected officials convicted of corruption charges when they are sentenced, starting with two state lawmakers currently being prosecuted.

No formal agreement has been reached for the Senate to approve the Assembly's version of an amendment for corrupt officials to lose their pension benefits, Senate IDC Leader Jeff Klein on Friday said after leaving Gov. Andrew Cuomo's office.

«We realize that people want elected officials who they feel had issues to not get a pension, but I think there's a difference of opinion with the Senate about who should be included and who shouldn't,» Heastie said late Tuesday.

«The people of our state have been paying for the pensions of corrupt public officials for too long,» Norris said.

Tedisco said the Majority's plan does not contain provisions for pension forfeiture for convicted felon elected officials who betray their oath of office, term limits for leaders, truth in spending to bring sunlight to state spending in the shadows to end quid pro-quos, or giving rank and file members the ability to bring legislation to the Floor for a vote and diminish the unbridled power that's been given to legislative leaders.

The governor also said he would push for a change to the state constitution that would deprive a convicted public official of a pension, end the use of campaign funds for personal use and curtail legislative «per diem» payments to cover only actual expenses.

Comptroller officials said the salary bumps were based solely on the median pay for similarly sized public pension boards and that the raises would be paid out of pension - board investment returns.

«This body has passed forfeiture of pensions for public officials convicted of corruption,» Young said.

New York's governor says it adds «insult to injury» that taxpayers have to pay for pensions for elected officials convicted of corruption.

The measure, which a spokesman said would be applied only to corrupt elected officials and policymakers, would set in motion the process to amend the state constitution, which now guarantees public pensions to all public - sector workers.

«One of the most important things the legislature can do in an effort to restore some faith in the system is to pass the proposed constitutional amendment that would ensure elected officials like Sheldon Silver, who abused their office for their own personal benefit, would not receive a public pension,» said Little in a statement.

State employees would receive no general wage increases for three years and pay more for their pensions and health care benefits under a tentative deal with Gov. Dannel P. Malloy that would save the state more than $ 1.5 billion over the next two years, officials said Monday.

13 - An official Department for Work and Pensions report on the bedroom tax saying that three - quarters of those affected have cut back on food and that the impact on downsizing has been limited

The ex-state pension official busted in a sex - drugs - and - rock -»n' - roll bribery case completely flew under the radar of state Comptroller Tom DiNapoli — who on Thursday said Navnoor Kang was fired over...

Seventy - seven percent of those polled said the pension stripping should apply to all state employees - not just elected officials - who are convicted of crimes that relate to their public jobs.

In the letter dated 14 July 2017 and signed by SERAP executive director Adetokunbo Mumuni the organization said that, «Public interest is not well served when government officials such as former governors, deputies supplement their emoluments in their current positions with life pensions and emoluments drawn from their states» meagre resources, and thereby prioritising their private or personal interests over and above the greatest happiness of the greatest number.»

-LSB-...] Rockland County Legislator Ed Day is sponsoring two resolutions that, if passed, would strip elected officials of pension and retirement benefits when an official is convicted of any felony offense against public administration while holding elective [cont] ED DAY SAYS CORRUPT POLITICOS SHOULD LOSE STATE PENSIONSRockland County TimesRockland County Legislator Ed Day is sponsoring two resolutions that, if passed, would strip elected officials of pension and retirement benefits when an official is convicted of any felony offense against public administration while holding elective [cont] Original source -LSB-...]

Though pension costs are often only a small part of local governments» total budgets - 5 percent in Suffolk this year and 3.7 percent in Nassau - they're a growing burden, officials said.

The Assembly sponsor of the measure, David Buchwald of Westchester, said the state's constitution currently protects the pensions of all state officials elected before 2011, even if they are convicted of crimes.

I look to initiate immediate action here in Rockland that will hold any elected official strictly accountable for crimes committed in office, and remove any taxpayer - funded pension and retirement benefit upon conviction,» said Legislator Day.

«Any steps we take to strip corrupt officials of their pensions would require a constitutional amendment so it is imperative that we have the support of our partners in government to achieve this important goal,» he said in the statement.

From the creation of an independent commission on government ethics, to increasing financial disclosure, to stripping pensions from public officials convicted of felonies (Governor Cuomo says he is going to introduce a bill on this as well, but hasn't to date.)

Those briefed on the agreement say the amendment for pension forfeiture will be closer to the Assembly - backed version that more narrowly defined which officials would be impacted.

Buchwald should get credit for the reform said Horner, who noted that loss of a pension can affect convicted officials for decades, while a prison term often lasts only a few years.

The ex-state pension official busted in a sex - drugs - and - rock -»n' - roll bribery case completely flew under the radar of state Comptroller Tom DiNapoli, who said Navnoor Kang was fired over his management style, not the alleged corruption.

Last year the parliamentary ombudsman said the government should compensate 85,000 workers who lost out on their pensions, saying official leaflets advising them on how to save for their retirement were misleading, but ministers have refused to do so.

Miner said officials from Cuomo's office and the budget division have promised to provide the city with detailed analyses of the pension smoothing option, so they can better analyze its impact.

Local officials say that would force them to slash already thin services unless the tax cap exempts state mandates like employee health care and pensions, or is at least tied to relief from state mandates and regulations.

He said he would vote again this year to pass a bill that allows the state to strip pension payments from all state officials and employees who are convicted of crimes related to their public duties.

«And actually one of my first actions here in Albany was to sign on to Senator Marcellino's bill, I think it was S. 1923, and it proposes that any elected officials convicted of a felony involving their position must give up their pension benefits,» says Serino.

Most importantly, Ortt said the legislature needs to pass a constitutional amendment stripping pensions from elected officials who commit felonies related to their public office.

Heastie said the initiatives would help by «limiting the influence of outside money in our elections and taking pensions away from corrupt public officials.»

Ceretto said he voted for the state constitutional amendment that would take away the pensions of state officials convicted of government - related corruption.

Work and Pensions shadow secretary Rachel Reeves went as far as to say she has had conversations with German, French and Irish officials who seemed to be supportive of Labour's migration plans, forgetting that the governments in Tallinn or Warsaw may have a very different view on the matter.

Officials said that's led to some of the highest property taxes in the country as local governments struggle to keep up with their exploding pension bills.

But three - quarters of New Yorkers say they will support a constitutional amendment in November that would allow judges to reduce or strip the pensions of public officials who are convicted of crimes related to their office.

The people of New York believe if an elected official has done something wrong, they shouldn't be entitled to their pension,» Heastie said on Wednesday.

«When public officials break the law while performing their public duty, they should forfeit their public pension, plain and simple,» DiNapoli said in a statement.

In additional to the pension provisions, the governor said he would work to advance constitutional amendments to limit outside income, impose term limits for elected officials and advance legislation that would close the so - called «LLC loophole» that allows LLCs to give large sums of money to political campaigns.