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Former Gov. Cuomo 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.
In some cases, taxpayers will now pay hundreds of dollars more per household in property taxes to accommodate the Tier 6 "fix" for retirement checks of local government workers. Before the ...
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 ...
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 ...
Then there was Tier 4 and Tier 5 and Tier 6, each tightening or loosening the rules on the retirement system. The last change was Tier 6 in 2012, which set the full retirement age at 63.
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 ...
The general priority is to move away from what I’ve been hearing from the membership, which I summarize in a nutshell (is) that Tier 6 sucks. There are six tiers ... so they can enjoy their retirement ...
4mon
WHAM – Rochester on MSNNew York teachers union members demand reform of Tier 6 retirement systemRochester, N.Y. (WHAM) — Union members across New York are calling for changes to the state's retirement system. Members of ...
The New York State and Local Retirement System (NYSLRS ... while the newest, Tier 6, applies to those who joined on or after April 1, 2012. Members in ERS Tier 1, who were hired before July ...
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