Sentences with phrase «public employee pensions at»

For example, state legislators packed a session on modifying public employee pensions at the recent meeting of...

For example, state legislators packed a session on modifying public employee pensions at the recent meeting of the National Conference of State Legislatures in Louisville, Ky..

Not exact matches

The California Public Employees Retirement Systems (Calpers) at $ 342.5 bln AUM is the largest public pension fund in the USA (as social security is not funded, opting for a «pay as you go» apprPublic Employees Retirement Systems (Calpers) at $ 342.5 bln AUM is the largest public pension fund in the USA (as social security is not funded, opting for a «pay as you go» apprpublic pension fund in the USA (as social security is not funded, opting for a «pay as you go» approach).

Speaking at a public meeting in which the Park District's $ 385 million budget was unveiled, Laurence Msall, president of the Civic Federation, said the tax watchdog group supported the district's restraint in not raising property taxes and increasing employee contributions to health care costs, but was troubled by the «pension holiday.»

It's practically an annual tradition for state lawmakers at the end of the legislative session: approving bills designed to expand pension benefits for public employees.

In particular, he singled out the high cost property taxes and the main cost - driver, public employee pensions, taking issue with DiNapoli's office pointing to a record - high return for the fund at the end of the 2013 - 14 fiscal year.

Cuomo has been at odds with public workers on several fronts, pushing for a cap on local property tax increases and reducing pensions for new employees.

He is expected to talk about his ongoing investigation into pension padding, the idea that public employees manipulate their salaries at the end of their careers to boost their pension benefits.

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.

The governor was criticized for using messages of necessity, long a staple of backroom deal - making at the Capitol, when he brokered agreements to reduce pension benefits for new public employees and change legislative district lines.

The resulting Committee to Save New York rapidly became the state's biggest single lobbyist, raising and spending at least $ 15 million and running TV and radio ads that backed Cuomo's (ultimately successful) proposals for capping local property taxes and reducing the cost of public - employee pensions.

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.

At the con - ConCon forefront are public employee labor unions which, as noted above, realistically worry that eliminating the constitutional prohibition on reducing state employee pensions will be a focus of a ConCon.

ALBANY, NY (03/13/2012)(readMedia)-- Busloads of state employees represented by the New York State Public Employees Federation (PEF) will rally at noon Thursday, March 15, in Albany's West Capitol Park to call on state legislators to hold the line against the governor's attacks on state services and employees represented by the New York State Public Employees Federation (PEF) will rally at noon Thursday, March 15, in Albany's West Capitol Park to call on state legislators to hold the line against the governor's attacks on state services and Employees Federation (PEF) will rally at noon Thursday, March 15, in Albany's West Capitol Park to call on state legislators to hold the line against the governor's attacks on state services and pensions.

Attorney General Andrew Cuomo has shone a spotlight on «double - dipping,» saying that the practice of government employees collecting salaries and public pensions at the same time is helping drive the state's retirement costs dangerously high.

The pension proposal — a collaboration between de Blasio, City Council Speaker Melissa Mark - Viverito and Public Advocate Letitia James — would allow workers at companies with 10 or more employees to enroll in self - funded retirement plans.

«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.

THAT at the upcoming conventions of the National Educational Association and the American Federation of Teachers, NYSUT sponsor and support resolutions encouraging teacher unions, public employee unions, private sector unions and not - for - profit organizations to call upon their pension and retirement funds to not invest in private equity funds that are complicit in and profit from the denial of the rights to organize into a union and bargain collectively.

The root of this difficulty is that both sides in public - employee negotiations find it in their interest to reduce the wage portion of the overall collective bargaining agreement — which, in the case of the Chicago public school teachers, is quite high at over $ 75,000 per year — in favor of larger pension benefits under a «defined benefits» plan.

The gap between the promises states have made for public employees» retirement benefits and the money they have set aside to pay these bills was at least $ 1.4 trillion in fiscal year 2016, according to Pew's comprehensive analysis on pension and retiree health care funding.

At least $ 600 billion in assets currently invested by California's 80 different public employee pension funds, earning financial interests billions in management fees and commissions every year, and guaranteeing public employees retirement packages that ordinary citizens can only dream of.

Our research program focuses on the role and value of defined benefit pension plans for employers, employees, and the public at large.