Sentences with phrase «public pension dollars»

As a trustee of the City's largest public pension fund, I have repeatedly called for the divestment of all public pension dollars from gun retailers and manufacturers, and I am encouraged by the Mayor's call today to divest from assault weapon manufacturers.

Not exact matches

Even worse, the cost of carrying these well organized groups is very much understated: nearly all the public - sector pension plans are underfunded by hundreds of billions of dollars and taxpayers are on the hook for the difference.

New accounting rules are likely to show that public pension plans could face hundreds of billions of dollars in additional liabilities, putting new pressure on state and local governments to act.

New York City announced it filed a multibillion dollar lawsuit against five top oil companies, citing their «contributions to global warming,» as it said it would divest fossil fuel investments from its $ 189 billion public pension funds over the next five years.

Enabling P3s would give the state access to capital from pension funds, sovereign wealth funds, insurance companies, private equity firms and concessionaires to supplement public dollars.

«The latest reports regarding former State Comptroller Alan Hevesi are disturbing — and once again reminds us that we must be vigilant in protecting New York State's public pension funds from pay - to - play schemes that would defraud New Yorkers out of millions of dollars.

After holding it for four months, the state Senate has just sent Governor Andrew Cuomo a bill that would add hundreds of millions of dollars * to state and local pension costs by allowing public employees to claim pension service credit for time spent in peacetime military duty.

Democratic Sen. Mike Gianaris of Queens stopped by Capital Tonight on Monday to tout his conference's ethics proposal that includes public financing of political campaigns, restrictions on using campaign dollars for criminal defense and stripping those convicted of public corruption of their pensions through a constitutional amendment.

«And finally, in pending and future cases, to the extent any public official has a pension interest that accrued while engaging in criminal conduct, we will use federal forfeiture law to claw back an appropriate dollar amount commensurate with that pension where appropriate.»

And then there's Cuomo's economic platform — which, by the way, the W.F.P. signed onto in 2010 when it was begging Cuomo to endorse it — of a property - tax cap, reducing pensions for new public workers and cutting taxes, including some measures targeted at major banks and people with million - dollar estates.

She formerly was the founding and managing partner of the New York law office of Barrack, Rodos & Bacine, where she represented public and labor pension funds seeking to recoup billions of dollars from those who committed corporate fraud on Wall Street.

The Unsustainable Quo is a mandatory arbitration system that creates leap frogging of generous public safety contract awards between Nassau and Suffolk counties — to the point now where it costs us an average of two hundred thousand dollars per police officer between salary, benefits and pension costs.

WHEREAS millions of dollars that teachers, public employees, unionists and others in the not - for - profit sector contribute to their pensions and retirement funds are now being invested in private equity funds established and managed by Steven Klinsky, providing profits to the founder and leader of the union - busting Victory, Inc.; and

Lawmakers in New Jersey are calling for major reforms in compensation practices for public school administrators in the wake of a scathing report that concludes that millions in taxpayer dollars were spent on lucrative contracts, hidden perks, and pension padding for dozens of superintendents and their top deputies.

Most public school teachers participate in defined benefit (DB) pension plans, which because of different accounting rules contribute significantly less today for each dollar of future retirement benefits than private - sector DB pensions or defined contribution (DC) pension plans.

where hedge - fund dollars are used to support causes ranging from criminal justice reform to reducing the costs of public pensions (including those held by veteran teachers).

Teach for America's major donors include the Bill & Melinda Gates Foundation; the Walton Family Foundation, run by the heirs to the Walmart fortune; the Eli & Edythe Broad Foundation, run by the real estate billionaire and Democratic donor; and the Laura and John Arnold Foundation, where hedge - fund dollars are used to support causes ranging from criminal justice reform to reducing the costs of public pensions (including those held by veteran teachers).

«When Secretary [Betsy] DeVos's own Department's independent research office tells her that siphoning taxpayer dollars into private schools has a negative impact on students, it's time for her to finally abandon her reckless plans to privatize public schools across the country,» Democratic Senator Patty Murray, the ranking member of the Health, Education, Labor, and Pensions (HELP) committee, said in a statement.

In addition, unionization of government employees has helped add many billions of dollars to the unfunded liabilities of public employees» pensions — a debt for which taxpayers will be held responsible.

Also I'm sure you are also aware certified charter school teachers are also in the teacher retirement system which means public dollars are going to pay for their pension obligations.

Public pension funds like the California one — officially, the California State Teachers» Retirement System, or Calstrs — have hundreds of billions of dollars in private equity and hedge fund investments.

If a dollar goes to support a public pension system, that dollar can not be directed to hire a teacher.

billions of public pensions fund dollars in the oil, gas and coal companies that are causing storms like Sandy, Maria and Irma.

We demanded that New York stop investing billions of public pensions fund dollars in the oil, gas and coal companies that are causing storms like Sandy, Maria and Irma.

A Jacksonville resident, Curtis Lee, sought public records from the Jacksonville Police and Fire Pension Fund, which wanted to charge him hundreds of dollars in fees.