Sentences with phrase «public employee pension tier»

«CSEA has no hesitation in saying that the proposal for a new public employee pension tier is an assault on the middle class and a cheap shot at public employees.

Additionally, lawmakers made a dark deal with Gov. Andrew Cuomo last spring trading support for onerous and unnecessary public employee pension tier changes in exchange for favorable legislative redistricting.

Not exact matches

Cuomo did call for some things that will be unpopular with public employee unions (freezing pay, creating a Tier VI in the pension fund, reducing the size of state government — a move that will undoubtedly necessitate job cuts, but he makes no mention of that I can find in «The New NY Agenda: A Plan for Action»).

In 2009, a new pension tier with reduced benefits was created for newly hired public employees - called Tietier with reduced benefits was created for newly hired public employees - called TierTier V.

«For instance, the proposal for a new state pension Tier 6 with dramatically reduced benefits and increased employee costs is called a reform, but would be very destructive to public service.

The Tier VI pension agreement in 2012 gives state workers earning more than $ 75,000 access to defined contribution system based on the model used by public university employees, known as TIAA - CREF.

But early on as governor he was at odds with public - sector labor groups, including public employee unions he battled over contract renewals as well as a new, less generous pension tier during his first term.

According to McMahon, one of the key reforms of Tier 6 was to end early retirement for public employees, in which workers could retire as young as 55 after 30 years on the job and not see a reduction in their pensions.

Gov. Andrew Cuomo's administration pointed out that it has already adopted some of the suggestions, including building up the rainy - day fund and trimming pensions with a less - generous pension plan — known as Tier VI — for public employees.

The memo was sent to commissioners on Wednesday afternoon — just as Cuomo's office was publicly releasing his proposed legislation to establish a less - generous «Tier VI» pension package for public employees.

Cuomo credits the budget, as well as agreements approved in mid-March, for implementing new teacher evaluations, pension changes that create a new tier of lowered benefits for public employees, and helping local governments with Medicaid costs.

Issues include: increasing the tax on health insurance; attacking public employee pensions by creating a new Tier V; and supporting an irresponsible property tax cap.

Oneida County Executive Anthony J. Picente, Jr. today joined Gov. Andrew Cuomo at the signing of the legislation to reform New York's pension system and create a new Tier VI for newly hired public employees.

This is hardly surprising, but it's also worth noting that the WFP has agreed to embrace Cuomo's «New NY Agenda» — a condition laid out by the AG in order for him to accept the party's nod — which includes a property tax cap, creation of another pension tier and a wage freeze for public employees, among other proposals of which many unions (mostly the progressive and public sector types) aren't fond.

Governor Cuomo adds insult to injury by leaking this information on the same day he proposed a Tier VI for the pension system that would mean the lowest paid employees in public employment would have to pay more, work longer and receive less benefit.

ALBANY, NY (05/16/2011)(readMedia)-- «It is very clear from the Cuomo administration's leaks about plans to seek Tier VI pension changes for public employees that the governor does not care about the impact of his policies on working people.

ALBANY, NY (03/15/2012)(readMedia)-- «Speaking today for the 54,000 members of the New York State Public Employees Federation (PEF), we are appalled that state legislators finally broke last night and gave in to the governor's relentless demand for a new pension tier that will do nothing to help the state or local governments deal with their current budget demands.

Last year, the state created a different tier of pension benefits for new public employees, savings for taxpayers that will be realized decades from now.