Sentences with phrase «top city pensions»

We have advised on a number of deals where pension liabilities have been apportioned to another group company with the agreement of the pension trustees, including advising alongside a top City pensions practice on a groundbreaking flexible apportionment arrangement structure.

Not exact matches

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.

Staten Island Borough President Jim Molinaro applied for his city pension this year — on top of his $ 160,000 city salary — but then had second thoughts about how his constituents in the city's most conservative borough would view the double - dip and pulled back the application.

The total boost for 45 of the bureau's 61 positions would top more than $ 2 million, and comes after the Stringer got an external firm to review what similar positions pay on Wall Street, at city nonprofits and at other sizable public pension funds.

On Tuesday, February 27, the New York Times reported Rockland County as sixth among the state's top 25 borrowers from New York's pension fund (Danny Hakim, «Cities Borrow From Pensions To Pay Them», citing a report by the Office of the State Comptroller).

Thursday night, word began circulating of a «framework» agreement reached between the so - called «three men in a room» — Gov. Andrew Cuomo, Assembly Speaker Carl Heastie and Senate Majority Leader John Flanagan — that would satisfy at least the minimum requirements for both: The Democratic - dominated Assembly would agree to the first passage of legislation paving the way for a constitutional amendment that would allow for the stripping of public pensions from elected officials and other top officials convicted of public corruption, and the Republican - led Senate would approve a one - year extension of mayoral control of New York City's schools.

At the top of the WFP's immediate agenda, look for fat raises (and an end to all talk of pension reform) for rank - and - file city employees (DC Council 37 and others); for Albany to finesse a moratorium on hospital economies (SEIU 1199) and de Blasio's signature millionaire - tax - funded baby - sitting, that is, «early childhood education» scheme (UFT Local 2).

Indeed, he said he had agreed with top lawmakers to come back to Albany for a narrow deal to only extend mayoral control, which was to expire Friday, and to adopt of a New York City first - responder pension provision.

One example cited several times was Mr. de Blasio's proposal for New York City to divest its pension funds from coal, a top priority for environmentalists nationwide.

And, on top of the increased pension cost, the City Comptroller reports that the windy city's subsides for retiree healthcare are projected to increase from $ 109 million today to $ 500 million over the next decCity Comptroller reports that the windy city's subsides for retiree healthcare are projected to increase from $ 109 million today to $ 500 million over the next deccity's subsides for retiree healthcare are projected to increase from $ 109 million today to $ 500 million over the next decade.

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