Sentences with phrase «state pension bill»

The state pension bill is due to rise from 5.6 % of GDP in 2016/17 and the price of the system is set to rise by # 40 billion over the next 50 years.

Not exact matches

The Colorado House passed an amended bill designed to improve the funded status of the state pension plan and lower its overall risk.
, the state pension plan does, too, and school districts, towns and villages, and other participants get a larger - than - normal bill.
Palatine homeowners will see higher property tax bills in order to pay for higher local pension costs, as well as a dip in state funding.
But to the extent that it ignores the finger Lincoln points at the Civil War — to the extent that it forgets the decimation of a generation of young Americans at the beginnings of manhood; to the extent that it forgets the windrows of corpses at Shiloh, the odor of death in the Wilderness, the walking skeletons of Andersonville, 623,000 dead all told, not to mention the interminable list of those crippled, orphaned, and widowed whose pensions became the single largest bill paid by the federal government for the following half - century; to the extent that it ignores how the war cost the United States $ 6.6 billion, rocketed the national debt from $ 65 million to $ 2.7 billion, retarded commodity growth for the next thirty years, and devalued its currency — then the call for reparations opens itself up to a charge of willful forgetfulness so massive that resentment, anger, and bitterness, rather than justice, will (I fear) be its real legacy.
He called his bill the Iranian Economic Divestment Act of 2007, and in a press release he says the bill would «empower the State Comptroller to refrain from investing state pension funds in companies that conduct business with State Comptroller to refrain from investing state pension funds in companies that conduct business with state pension funds in companies that conduct business with Iran.
He's calling on his colleagues to pass a bill that would forfeit legislators state pensions if they're convicted of a felony.
Orange County Democrats are seizing on the latest pension data figures released in recent days showing Sen. Bill Larkin drawing a $ 58,503 pension benefit this year on top of his salary as a state lawmaker.
The Governor has committed to supporting the union's disability pension bill, as has Republican State Senate Majority Leader John Flanagan.
More than 90 pension - and benefit - sweetener bills have been introduced in the state Legislature that could cost state and local governments at least $ 200 million.
NYC Mayor Bill de Blasio and Comptroller Scott Stringer say the divestment of roughly $ 5 billion in fossil fuel investments out of a total of $ 189 billion over five NYC pension funds is the largest of any municipality in the United States to date.
These bills provide various pension and payroll benefits to State and local workers but provide no funding to pay for them.
The latest round of increases in state and local pension bills, announced by the comptroller on Aug. 31, will only add to the pressure on localities.
Assemblyman also driving force behind passage of constitutional amendment on November ballot to save taxpayers $ 53 million by going digital at State Capitol and stop wasting paper; notes passage of bill he co-sponsored to extend state pension benefits to vetState Capitol and stop wasting paper; notes passage of bill he co-sponsored to extend state pension benefits to vetstate pension benefits to veterans
The bill allowing all veterans to buy added pension time was vetoed by Cuomo last year because, notwithstanding a clause in the governor's Tier 6 pension reform, it failed to appropriate money to cover the projected state and local government share of the «past service» catch - up cost of the measure.
This story has been updated to clarify a point regarding the two different versions of a bill that would have prevented state convicts from collecting pensions.
Because of the collapse of the financial markets in the Great Recession, cities and counties have been billed increasing amounts in the last few years to keep the New York State Pension Fund healthy.
As expected, Cuomo also vetoed several pension sweetener bills, including a measure restoring early retirement rights for uniformed state court officers.
Heastie also backed out of a budget deadline deal to pass a bill that would have started the process of amending the constitution to prevent state convicts like Silver from collecting their pensions.
«We here in New York State have hundreds of billions of dollars in our pension system,» Sen. Jack Martins (R - Old Westbury), the bill's co-sponsor, said Sunday.
The ethics bill was the latest attempt by Cuomo and legislators to respond to the wave of investigations, arrests and convictions that have tainted state government for nearly a decade, starting with the arrest of former state Comptroller Alan Hevesi in a probe that revealed state pension fund bribes and kickbacks.
That bill would give all uniformed workers throughout the state 75 - percent disability pensions.
Work and pensions secretary James Purnell proposed an amendment to the pensions bill which will allow people to buy up to an additional six years of voluntary national insurance contributions, over and above those permitted under the current time limits, in order to enjoy a higher state pension.
«We saw more and more of these bills leading up to the financial crisis and the bursting of the last pension bomb in New York state
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.
SYRACUSE, N.Y. - State Sen. John DeFrancisco, R - Syracuse, and Assemblyman Bill Magee, D - Nelson, have filed paperwork that will allow them to retire Dec. 31 and return to the same job Jan. 1 with a salary and a pension.
The LLC bills, introduced «a la carte» on May 24, have been a non-starter for the Republican - controlled state Senate, leaving only pension forfeiture.
The bill states: «It is unfair to the general public and ethically inappropriate that an elected official who is eligible to receive a pension can retire, collect a government pension and still be re-elected to another position and collect an additional salary for the newly elected position.»
The Kwara State House of Assembly on Tuesday passed an amendment bill seeking the suspension of the payment of pensions to former governors, deputy governors and...
Mr. de Blasio — typically a staunch supporter of unions who has in the past enjoyed a fairly chummy relationship with the UFA after he protested firehouse closures as a councilman — has opposed reversing Mr. Paterson's veto, citing the potentially high costs of a bill sponsored in the State Senate and Assembly that would restore parity to the pension system.
Two bills with bipartisan support in the State Legislature would create a list of companies that are boycotting Israel and then deny them state contracts and investments from the state pension State Legislature would create a list of companies that are boycotting Israel and then deny them state contracts and investments from the state pension state contracts and investments from the state pension state pension fund.
Showing his law firm the state money (2006): Silver shuffles the Judiciary Committee, and a Senate - passed bill to bar pension - drawing public employees from suing their employers dies without a vote.
«I am worried by the idea that by the mid part of this century, asking people to retire at 70 — incidentally, the age intended by Lloyd George in his great Act of 1908 — will be seen as the way to fix this problem, because we may not correct everything that we hope to correct just by increasing the state pension age and doing everything contained in this excellent Bill.
Cuomo and other state officials acknowledged this predicament and omitted a few costs, like a portion of escalating pension bills, from counting against the 2 percent ceiling.
As for the pension forfeiture bill, Speaker Heastie says lawmakers actually have until the end of 2016 before they have to finalize the first step to change the state's constitution, so he says there's plenty of time to agree on a new bill.
«Steve McCabe (Birmingham, Selly Oak)(Lab): Given that the vast majority of the 600,000 people who will be excluded from getting a pension under the raised threshold are women, is the Secretary of State at all worried that the Bill is beginning to look as if it discriminates against women?
In an interview with WCBS 880's Steve Scott, Paterson noted that he vetoed a bill in 2009 that would have extended a long - standing pension program for police, saying he believed pensions are «killing our economy» and didn't feel the police union was negotiating fairly with the state.
Off topic question topics included whether the mayor and his wife have smoked marijuana inside Gracie Mansion, a Daily News call for the mayor to «accept responsibility for inflaming the police», whether the mayor believes he should apologize for comments on the police, whether the Democratic National Committee has expressed concerns about current mayoral / police friction as it considers Brooklyn as a site for the 2016 Democratic Convention, whether the mayor supports the recent Cuomo / Christie veto of legislation on the Port Authority, a pending state legislative bill on police disability pensions, the expected special election in the 11th Congressional District, whether the mayor believes there is a police slowdown, the dismay of the recently shot and wounded police officers at Mayor de Blasio's hospital visit, the possible change in the Staten Island Chuck / Groundhog Day ceremony, the meeting today between Police Commissioner Bratton and union leaders and how Mayor de Blasio envisions the current mayoral / police friction ending.
The Senate passed a bill that could eventually strip Skelos and Silver of their state pensions, which will pay each $ 90,000 to $ 100,000 a year, but the Assembly has not passed the legislation.
Whether the bill, carried by Sen. Tom Croci (R - Sayville), would affect school superintendents like Frank Tassone, who looted the Roslyn school district of $ 2.2 million but still receives his $ 175,295 state pension, is open to interpretation by the courts.
The Bill amends the current state pension age timetable to equalise men's and women's state pension ages at 65 in 2018 and then progressively to increase the state pension age to 66 by 2020.
ALBANY — The annual tradition in the State Legislature of proposing «sweeteners» to state pensions for workers and retirees represented by politically powerful unions has produced 120 bills so far worth hundreds of millions of dollars in benefits, according to the independent Citizens Budget CommisState Legislature of proposing «sweeteners» to state pensions for workers and retirees represented by politically powerful unions has produced 120 bills so far worth hundreds of millions of dollars in benefits, according to the independent Citizens Budget Commisstate pensions for workers and retirees represented by politically powerful unions has produced 120 bills so far worth hundreds of millions of dollars in benefits, according to the independent Citizens Budget Commission.
A meeting of black leaders was convened last weekend in Mt. Vernon by the Rev. Al Sharpton and attended by people like former state Comptroller H. Carl McCall (Cuomo's primary opponent in 2002), political consultants Bill Lynch and Roberto Ramirez (who got caught up in Cuomo's pension fund pay - to - play probe), Sen. Ruth Hassell - Thompson, Senate President Malcolm Smith, Rep. Greg Meeks and the NAACP's Hazel Dukes.
The state Senate and state Assembly passed different versions of pension stripping bills in 2015, so New York is not able to propose a constitutional amendment to withhold pensions from officials who were elected before 2011.
A bill gaining momentum in Albany would deny state pensions to any more public officials convicted of corruption under a practice that now pays out nearly $ 800,000 a year to politicians convicted of crimes.
Twice before, the state Legislature has passed a bill that would allow all veterans to get a three - year service credit in the state's pension system, regardless of when and where they served.
The pensions bill is due to be published next week and will set out plans for upping the retirement age to 68 by 2046 and restoring the earnings link with the state pension.
A bill with bipartisan support in the state Legislature would create a list of companies that are boycotting Israel and then deny them state contracts and investments from the state pension fund.
ALBANY — New York City taxpayers ducked a giant new pension bill Monday when the state's highest court overruled lower courts to rule that the city didn't have to make...
Asked to explain the apparent lack of a costing, a Treasury spokesman told FactCheck that a regulatory impact assessment published by the government on 29 November 2006 along with the Pensions Bill estimated the cost of uprating the basic state pension in line with earnings.
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