Sentences with phrase «state pension officials»
Much has been written about the case, which focused on how financial firms gained access to the New York State pension fund by providing favors and kickbacks to state pension officials and those close to them.
https://www.nytimes.com/ Not exact matches
Park officials said that according to a state - mandated tax levy, $ 10 million was collected for pension obligations in the last fiscal year.
Elected officials from across the state are strengthening their calls for the state pension system to divest from fossil fuels.
«Obama advisor and big - time Democrat Party fundraiser Steve Rattner bribed a New York State pension fund official by slipping $ 88,000 to the official's brother.
There are five pension funds in New York City, which, unlike the state pension fund, are run by boards of trustees comprised of elected and appointed officials and union representatives.
Vicki Fuller, the top official overseeing the state's $ 200 billion pension fund, is retiring this summer, Comptroller Tom DiNapoli said Friday in a statement.
If approved by voters this fall, any elected official convicted of a felony crime related to their office will be stripped of their state pension.
But having said that, paying union officials their state salaries on leave and having them continue to accrue full Pension System time is an issue.
Prime Minister Orbán, National Economy Minister Matolcsy and other government officials referred to employees who relinquished their private pension - fund savings as those who had chosen to «return to the state pension system.»
Among steps that could be taken to fight corruption, 78 percent of respondents supported requiring elected officials convicted of felonies to forfeit their state pensions.
I support the termination of state pension payments for anyone convicted of a felony in relation to his or her official state responsibilities.»
Officials who are convicted of crimes related to the performance of their duties should not receive state pensions.
New Yorkers have the power on November 7 to decide whether some state officials convicted of a felony should be stripped of their pensions.
Bharara said he would go after the public pensions of elected officials convicted of corruption charges when they are sentenced, starting with two state lawmakers currently being prosecuted.
Prosecutors in Bharara's office filed court papers in two separate corruption cases giving notice that they were adding the pensions of two state senators, a city councilman and two other officials to the list of property subject to forfeiture if the officials are convicted.
«For this to apply to officials who entered the retirement system before enactment of the pension forfeiture law in 2011, we need to adopt a resolution amending the State Constitution.
Faso was never accused of a crime or personally held liable for the improper pension contact, but the Albany Times Union cited «a source close to the investigation» in reporting that «Faso arranged or tried to arrange meetings between the investment firm Kellner DiLeo & Co. and officials at the state Common Retirement Fund, as well as the teachers, police and firefighter funds.»
A November ballot proposition would amend the state constitution to allow judges to reduce or revoke a pension of a public official convicted of a felony related to his or her duties.
That law allowed for the pensions of subsequently elected legislators to be taken after a criminal conviction, and defined «public official» in a way that also included rank - and - file state employees but excluded police officers, firefighters and teachers.
«The people of our state have been paying for the pensions of corrupt public officials for too long,» Norris said.
Tedisco said the Majority's plan does not contain provisions for pension forfeiture for convicted felon elected officials who betray their oath of office, term limits for leaders, truth in spending to bring sunlight to state spending in the shadows to end quid pro-quos, or giving rank and file members the ability to bring legislation to the Floor for a vote and diminish the unbridled power that's been given to legislative leaders.
It would change the state constitution — which treats public pensions like contracts that can't be impaired — to allow a judge to demand that a «public official» who is «convicted of a felony related to public office» forfeit his or her pension like any other asset.
These include: pension forfeiture for convicted felon elected officials who betray their oath of office, term limits for leaders, truth in spending to bring sunlight to state spending in the shadows to end quid pro-quos, equal staffing and resources for members, and giving rank and file members the ability to bring legislation to the Floor for an up or down vote.
«One of Gov. David Paterson's five nominees to the state Parole Board is a Westchester County official who has improperly collected both his pension and his salary over the past 10 months and could owe up to $ 50,000,» The Journal News reports.
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 morning after lawmakers approved a new, cost - saving pension tier for yet - to - be-hired state workers, much of official Albany was sleeping in following the marathon overnight session of debates and votes.
But he still oversees the state's $ 184.5 billion public pension system (the third - largest in the nation) and has teamed up with Mr. Schneiderman to take down corrupt elected officials and powerful nonprofit heads.
Among his recommendations, Astorino favors switching elected officials from the defined - benefit pension plan to a defined - contribution plan; replacing the per diem system for lawmaker expenses to one requiring stricter bookkeeping; and scrapping the state Joint Commission on Public Ethics in favor of a new independent ethics watchdog appointed by the judiciary.
The governor also said he would push for a change to the state constitution that would deprive a convicted public official of a pension, end the use of campaign funds for personal use and curtail legislative «per diem» payments to cover only actual expenses.
Jack Martins, the GOP candidate for Nassau County executive, on Thursday pressed for passage of a November ballot proposition to amend the state constitution to allow judges to revoke pensions of elected officials convicted of corruption.
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.
The measure, which a spokesman said would be applied only to corrupt elected officials and policymakers, would set in motion the process to amend the state constitution, which now guarantees public pensions to all public - sector workers.
Proposition Two would modify the state's constitution to allow judges the discretion to strip the pensions from some elected officials convicted of felonies.
A 2011 state law allowed judges to strip pensions from convicted public officials but only those who joined the pension system after the law took effect.
While serving in the State Senate, Martins helped craft the legislation, signed by Gov. Andrew M. Cuomo in 2011, that provides judges with discretion during sentencing to strip the pensions of officials convicted of corruption.
The New York state legislature ruled in 2011 that officials convicted of public corruption would be stripped of their pensions — but the law wouldn't apply to officials already in office.
State employees would receive no general wage increases for three years and pay more for their pensions and health care benefits under a tentative deal with Gov. Dannel P. Malloy that would save the state more than $ 1.5 billion over the next two years, officials said MoState employees would receive no general wage increases for three years and pay more for their pensions and health care benefits under a tentative deal with Gov. Dannel P. Malloy that would save the state more than $ 1.5 billion over the next two years, officials said Mostate more than $ 1.5 billion over the next two years, officials said Monday.
The ex-state pension official busted in a sex - drugs - and - rock -»n' - roll bribery case completely flew under the radar of state Comptroller Tom DiNapoli — who on Thursday said Navnoor Kang was fired over...
Martins, a former state senator from Old Westbury, centered his ad on a proposed state constitutional amendment to require officials convicted of public corruption to forfeit their state pensions.
Yegeri also explained the DA's desire for state officials also enact legislation stripping pension, retirement benefits and control over campaign funds from elected officials convicted of a crime, expelled from office, or resign due to a crime committed during their service.
In August, Newsday reported that at least 13 former state elected officials who were convicted of corruption and other charges are eligible to collect state pension checks totaling more than $ 604,000 a year.
Seventy - seven percent of those polled said the pension stripping should apply to all state employees - not just elected officials - who are convicted of crimes that relate to their public jobs.
Seventy - seven percent support a Cuomo proposal to withhold state pension payments from state lawmakers convicted of public corruption crimes regardless of when the official was first elected.
This year, voters will decide whether to amend the state's constitution to ban elected officials convicted of a felony from collecting a state pension.
In the letter dated 14 July 2017 and signed by SERAP executive director Adetokunbo Mumuni the organization said that, «Public interest is not well served when government officials such as former governors, deputies supplement their emoluments in their current positions with life pensions and emoluments drawn from their states» meagre resources, and thereby prioritising their private or personal interests over and above the greatest happiness of the greatest number.»
-LSB-...] Rockland County Legislator Ed Day is sponsoring two resolutions that, if passed, would strip elected officials of pension and retirement benefits when an official is convicted of any felony offense against public administration while holding elective [cont] ED DAY SAYS CORRUPT POLITICOS SHOULD LOSE STATE PENSIONSRockland County TimesRockland County Legislator Ed Day is sponsoring two resolutions that, if passed, would strip elected officials of pension and retirement benefits when an official is convicted of any felony offense against public administration while holding elective [cont] Original source -LSB-...]
The Assembly sponsor of the measure, David Buchwald of Westchester, said the state's constitution currently protects the pensions of all state officials elected before 2011, even if they are convicted of crimes.
Several of his ethics reform proposals were approved in the most recent state budget, including forcing legislators to reveal all outside sources of income over $ 1,000 and the loss of pension benefits for elected officials convicted of corruption.
They are aligned with an organization called the Committee to Save New York (CSNY) in pushing local officials to call on the state legislature to support Governor Andrew Cuomo's proposed Tier VI Pension reform plan.
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.