Sentences with phrase «pension sweeteners»

The most noteworthy pension sweetener to win approval was a measure rolling back a key Tier 6 reform for state court officers.

ALBANY — A disability - pension sweetener for NYPD cops vetoed five years ago by then - Gov.

As noted here, the bill was one of several pension sweeteners passed by huge margins (57 - 4 in Senate, 133 - 1 in Assembly) in the final days of the legislative session in June.

As expected, Cuomo also vetoed several pension sweetener bills, including a measure restoring early retirement rights for uniformed state court officers.

The bill was one of several pension sweeteners passed in a rush during the final days of the legislative session in June.

McMahon said the veto «sends an encouraging signal that Cuomo will take a hard line against other pension sweeteners passed by the legislature this year.»

Below is the entire group of rejected pension sweeteners, including some aimed at individual retirees, as reported on the Legislative Retrieval Service.

The governor continued his track record of blocking pension sweeteners, such as a proposal that would have let the widow of a police officer killed in 1986 receive his retirement benefits and one to let a Department of Transportation worker retroactively enter into a higher pension tier.

For fiscal watchdogs, the so - called pension sweeteners can be problematic: chipping away at savings achieved in new pension tiers that were approved as a way to save the state money in the long - term.

Mr. Cuomo, a fiscal moderate, typically opposes pension sweeteners, but Mr. Cassidy was confident he would have more friends in Albany than City Hall.

His administration has been responsible for a significant portion of the growth in city pension costs, offering generous pension sweeteners during contract negotiations and repeatedly missing opportunities to rein in spending.

Five somewhat less sweeping pension sweetener bills passed by both houses of the Legislature are summarized on the Citizens Budget Commission scorecard.

Also included are a batch of public - sector employee pension sweeteners, which historically are passed by lawmakers who count the public employees» unions as allies and supporters.

To create a financial disincentive for future pension sweeteners, Cuomo's Tier 6 «pension reform» of 2012 had included language requiring that the full cost of any retirement benefit increase for state and local employees to be paid out of the state budget.

· Protect Local Governments From State Pension Sweeteners: The new law requires the state to pre-fund any pension enhancers, ensuring that these costs are no longer passed to local governments.

Governors from George Pataki to Andrew M. Cuomo routinely have vetoed most pension sweeteners, usually without the threat of overrides by the legislature.

Beyond the immediately affected group of veterans, the veto sends an encouraging signal that Cuomo will take a hard line against other pension sweeteners passed by the Legislature this year — including a bill, not yet sent to the governor's desk, resurrecting early retirement for uniformed court officers hired since 2012.

Here's Sen. John Flanagan, a Long Island Republican, railing against a pension sweetener bill that Democratic Sen. Diane Savino was forced to pull off the floor this afternoon when it became clear it did not have sufficient votes to pass.

Cuomo vetoed the pension sweeteners as a group, saying they would collectively «require the State and its localities to pay an estimated $ 15 million in one - time expenditures and would impose recurring annual costs estimated at $ 7.8 million.»

While Gov. Andrew Cuomo has been careful to not approve some pension sweeteners, he was strongly in favor of strengthening benefits for police and firefighters injured on the job.

In 2009, David Paterson, the governor at the time, vetoed a pension sweetener for city cops and firefighters that had been typically carved into the state budget.

Cuomo, a Democrat who has been generally absent from the Capitol since April, called the special session on Tuesday but set its sights lower: a one - year renewal of mayoral control, re-authorization of some expiring sales tax extenders for Lower Manhattan and a tweak to a pension sweetener for public safety officers.

The New York Times reported late Monday that is likely to include a pension sweetener sought by some Republicans in the state Senate.

Ten pension sweeteners have passed both houses of the state Legislature and are headed to the governor's desk for consideration, and more are likely before the session is officially over.

The governor vetoed 23 more bills, including one that would have required retailers to sanitize used mattresses to kill bedbugs and a pension sweetener for prison guards.

Among a handful of so - called «pension sweeteners» passed in the final days of the 2014 session by both houses of the Legislature was a bill that would be the first rollback of Tier 6 — a pension reform championed and touted by the Cuomo administration.

State lawmakers are once again eyeing bills considered to be «pension sweeteners» that benefit retirees backed by politically key labor unions.

When he pushed through his Tier 6 pension reform package in 2012, Cuomo included language requiring that pension sweeteners be funded by the state to avoid putting pressure on municipalities» budgets.

If Mayor Bill de Blasio thinks he can solve his problem with the police with a pension sweetener, he's wrong on two counts.

The ink was barely dry on these deals when stock values started tanking — destroying the optimistic financial assumptions that politicians had used to sell the pension sweeteners as a free lunch.

George Pataki and the state Legislature approved public - pension sweeteners that drove nearly $ 13 billion in cumulative pension cost increases for the city from 2000 to 2010.

Albany, NY — Gov. David Paterson has vetoed 23 policy bills from the Legislature, including a pension sweetener for prison guards.

Over the next decade, Syracuse's pension bill grew by 729 percent, from $ 2.4 million to $ 19.9 million, increases due to the pension sweeteners and the 2008 housing crash.