Sentences with phrase «state pensions system»

I want a state pensions system fit for a 21st century welfare system, which is easy to understand and rewards those who do the right thing and save.

When state pension systems were introduced, it was thought that the older generation could have a bonus.

Elected officials from across the state are strengthening their calls for the state pension system to divest from fossil fuels.

In a move likely to infuriate Republicans as well as Democrats, GOP gubernatorial hopeful Rob Astorino will pledge Monday to end the Legislature's sessions in April, halt the lawmakers» scandal - ridden «per diem» payment system, and make new lawmakers join a less - costly state pension system, The Post has learned.

Government Pension Defense Commissioner Gabriella Selmeczi said that «It is a huge success that 96.8 percent of private pension - fund members have chosen the state pension system as part of the pension - defense program» (source in Hungarian).

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.»

Move all state agency heads, political appointees and their staff to a defined contribution plan and off the state pension system.

«We will track down anyone who tries to defraud our state pension system, and they will be charged accordingly.»

Suffolk County Executive Steve Levy, warning the present state pension system is about to «collapse like a house of cards,» called an overhaul that would limit the amount of overtime included in pension calculations.

Those in the state pension system should be given a choice to opt for a 401 (k)- type benefit, which would make it portable if the worker moves to another job, he said.

«Our reforms recognise this caring role with a new contributory principle - making the state pension system fairer for women and carers who take time away from employment to raise children or look after others.

But the governor's plan would effectively give him ownership of the state's massive public school system, and would be among the most ambitious changes he's pursued in his governorship, a tenure that so far has included legalizing same - sex marriage, strengthening gun control, creating a statewide property - tax cap and reforming the state pension system.

«From my personal point of view, it's overdue for the Legislature to conclude their negotiations and take positive action on that,» said state Comptroller Thomas DiNapoli, who is the sole trustee of the state pension system.

Instead, Astorino, the Republican county executive of Westchester took a direct shot at the Legislature, releasing a 10 - point ethics reform package that called for everything from term limits and a less generous state pension system for state lawmakers to an overhaul of the state's Byzantine campaign finance laws.

He is enrolled in the Empire Plan, a health insurance plan available to state employees, and the state pension system.

The governor and the legislative leaders, meanwhile, announced an agreement on a budget scheme allowing the state and many local governments — but not New York City — to «borrow» nearly $ 6 billion over the next three years from the state pension system in order to use the funds to make required annual contributions back to the pension fund.

Taxpayers on Long Island will ante up $ 1.25 billion for the New York State pension system during the next 12 months, a nearly 40 - percent increase over the previous yearlong period.

The one million people in the state pension system (as well as the tens of millions of New Yorkers easily annoyed by boring white guys in bowties) might see this act of conscience a little differently.

Newsday has assembled a database of pension costs that reveals what public agencies on Long Island pay into three state pension systems - the Employees» Retirement System, the Police and Fire Retirement System, and the Teachers» Retirement System.

The governor called for a new tier in the state pension system that he said will save the state and local governments outside of New York City $ 83 billion and New York City $ 30 billion over the next 30 years.

So now Cuomo is using the biggest rip - off artist in the state pension system as a human shield.

Last, since pension costs are an expensive mandate for local governments, Governor Cuomo has created a new tier in the state pension system that would save local government's $ 79 billion over the next thirty years.

(Astorino wants to end the Legislature's sessions in April, scuttle the «per diem» system and make new lawmakers join a less - costly state pension system, Fred Dicker reports.

And then there is the cost of the state pension system on LOCAL PROPERTY TAXPAYERS.

«The state pension system is so complex that most people have no idea what it will mean for them now and in their retirement.

Susan Lerner, Executive Director of Common Cause New York, talked to Steve Ference about the recent corruption with the state pension system, saying it's a clear sign New York needs to move away from a sole trustee deciding how the 129 billion dollar fund is invested.

The governor is also expected push for a tougher teacher evaluation system by linking some, if not all, of the promised 4 percent increase in education aid while also overhauling the state pension system — two moves that will put him on a collision course with powerful labor unions.

Liz: Legislators receive a per diem allowance above their salary and are members of the Common State Pension System.

He wants the good public employees to provide information about their coworkers and bosses who don't work hard enough, misuse state cars and expense accounts and double dip on the state pension system.

In March last year, the Senate passed a broader pension forfeiture bill that applied to all members of the state pension system, not just those who are elected.

DiNapoli wants to keep the state pension system as it is, saying it protects retirees.

Mr. Cuomo also plans to revamp the state pension system by establishing a new and «less generous» pension package called Tier VI, which would only affect new state employees.

The Steve Webb interview: How I built a modern, inclusive, liberal State Pension system by Caron Lindsay on Liberal Democrat Voice

While Mulrow was listed as a Blackstone lobbyist working to influence the $ 289 billion New York state pension system, Blackstone secured hundreds of millions of dollars in new pension investment commitments for the firm — far more than it had during the four - year period before Cuomo's first term.

«I'm willing to put my pension on the line and go back to Albany and vote a second time to strip it if I do anything wrong,» said Ceretto, who has 21 years in the state pension system as a local officeholder, State Parks employee and assemblyman.

Antonacci also wants to offer state workers the option of defined contribution plans, like 401 (k) s. DiNapoli wants to keep the state pension system as it is, saying it protects retirees.

The reduced contribution rate — good news for local governments that pay into the state pension system for their public employees — was long anticipated from DiNapoli.

«Sweeping simplification of the state pension system is needed so that everyone can expect a decent, flat - rate pension, set at a level high enough to help most people avoid poverty without recourse to means - tested benefits.

In 2013, Miner criticized the effectiveness of Cuomo's proposal to make the state pension system more affordable for governments, school districts and their taxpayers.

ALBANY, N.Y. — New York state Comptroller Thomas DiNapoli's 2009 tax returns made public Monday show the Democrat's annual income rose by just $ 29, as he guided the $ 129 billion state pension system out of recession.

The comptroller's retirement division runs municipal and state pension systems under the supervision of the retirement commission.

For example, most county employees are in Tier 4 of the state pension system, and the county makes a contribution equal to about 20 percent of their salaries to the state retirement system.

In fact, those represented by the association, who make up about 40 percent of the state pension system, receive an average pension of about $ 16,000 a year, he said.

The new state pension was launched in April 2016, to sweep away complexities in the old state pension system, and applies to people retiring since then.

A DWP spokesman said later: «This analysis does not include the benefits from previous contracted - out pensions that were integral to the state pension system up to April 2016.

Carpenter, 71, who has 22 years in the state pension system, is legally permitted to double - dip and collect both salary and pension because she is over age 65.

The answer, McKinney said, is fundamental changes in the state pension system that would include placing state employees into a 401 (k) plan and eliminating the ability of state employees to increase their pensions by working a huge number of overtime hours in their final years of employment.

Burgess - Levy reported more than $ 97,000 in compensation to state pension system in the 2012 fiscal year, which ended in March.

Some left one government job for LIPA, stayed a few years, then got another public post — keeping them in the state pension system.

If passed, the measure would dramatically expand on a pension forfeiture provision of a 2011 ethics reform package that only applied to public officials not already in the state pension system at the time — that is to say, no sitting lawmakers.