Sentences with phrase «pension system would create»

Ending tenure without ending the current pension system would create some impossible pressures; teachers nearing certain vesting thresholds, for instance, would have a target on their backs.

Not exact matches

But the governor's plan would effectively give him ownership of the state's massive public school system, and would be among the most ambitious changes he's pursued in his governorship, a tenure that so far has included legalizing same - sex marriage, strengthening gun control, creating a statewide property - tax cap and reforming the state pension system.

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.

Last, since pension costs are an expensive mandate for local governments, Governor Cuomo has created a new tier in the state pension system that would save local government's $ 79 billion over the next thirty years.

Republican candidate for governor Rob Astorino on Friday blasted the compromise of 2012 that created a new pension tier, saying he would support a plan that would move toward a defined contribution system.

It would also amend the state constitution to require lawmakers convicted of corruption charges to surrender their pensions, make changes to the per diem system, and create a commission to examine the possibility of a pay increase for state commissioners and lawmakers.

Mr. Cuomo used his power over the decennial redistricting process to win some victories in March: He was able to get lawmakers, who wanted him to sign the gerrymandered legislative maps they had drawn, to agree to curb pension benefits for future public workers, to create a more rigorous system for evaluating schoolteachers, and to take the first step toward legalizing a significant expansion of casino gambling.

The call for reforming the Martin Act comes amidst a proposal to create a new pension tier in the retirement system, which would reduce pensions for new employees of state and local governments.

* Rather than creating a retirement system suitable for the mobile teaching profession, states have instead made it harder to earn a pension by increasing their «vesting periods.»

Plan A would create a single, uniform pension system across the state for teachers and taxpayers.

Illinois would continue operating under the original 1915 pension laws until 1939 when the modern - day Teacher Retirement System was created.

«We are not kicking anything down the road,» Malloy said, citing a phrase he and other gubernatorial candidates used in 2010 to describe the fiscal gimmicks that had weakened the pension system and created a record - setting state budget deficit at that time.