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Only a few advocates are fighting for taxpayers. The “fix” lawmakers are proposing applies to Tier 6 — the most recent retirement deal established for those who joined public payrolls on ...
Gov. Kathy Hochul and her Democratic colleagues, who hold a majority in the State Legislature, in April approved a $237 billion state budget for 2024-25 that included tweaks to Tier 6 of the state ...
NEW YORK — New York City mayoral candidate Andrew Cuomo vowed to roll back a controversial pension policy he himself put in place as governor at a Saturday mayoral forum. The former governor dealt a ...
Retirement benefits ... changes to Tier 6 have been estimated to cost between tens to hundreds of millions of dollars for all levels of government in New York State. In many ways, we are tied ...
The Tier 6 pension plan, now impacting a majority of members in our state and local retirement system, falls significantly short of meeting the modern-day needs of these hardworking individuals.
Jackson has been the driving force behind pension reform in the state Legislature and has helped the state’s Tier 6 enrollees increase their lifetime ... that will be part of your retirement. That was ...
Rochester, N.Y. (WHAM) — Union members across New York are calling for changes to the state's retirement system. Members of ...
There’s absolutely no evidence of this, however. In fact, Tier 6 retirement benefits remain far more generous than the private-sector norm. Former Governor Andrew Cuomo enacted the Tier 6 ...
The former governor dealt a blow to public employee unions in 2012 when he enacted Tier 6, an unpopular policy that raised the retirement age to 63 and cut benefits for new hires. But at a forum ...