John Murphy, director of the New York City Employee Retirement System (NYCERS) from 1990 to 2005, says disclosure of pension recipients has been routine in the past and is essential to guard against misuse of taxpayer money in the future. Reacting Read More
Just a month after City Comptroller John Liu boasted that the nation's largest municipal pension fund would "provide the public with unprecedented access to information concerning the pension system" and thus rank "among the nationwide leaders in tra Read More
New York State's 2010-11 2011-12 fiscal year appears to be off to a good start. Tax collections for the first quarter of the year were nearly $800 million above Governor Andrew Cuomo's initial budget projections, according to the June cash report posted today by state Comptroller Thomas DiNapoli. Read More
Transport Workers Union local chief John Samuelson today to in last week's Post: When thelays off transit workers, there isn't less work -- just fewer workers doing more to keep the system going.That means more overtime, Read More
Gov. Andrew Cuomo faced two public-sector labor relations challenges when he took office. The first was to negotiate contracts with state employee unions that would produce both short-term and recurring savings to help stem the flow of red ink in h Read More
"New York has always paid its pension bills on time," state Comptroller Thomas DiNapoli boasted yesterday, in the state pension fund's 14.6 percent return on assets during the fiscal year that ended March 31. But in fact, under a 2010 law champio Read More
The Citizens Budget Commission hosted Deputy Mayor Bob Steel this morning for a pension-fix presentation. Despite some new bells'n'whistles, the city's pension proposal is still the same: ask Gov. Read More
In a case with potentially far-reaching implications for local taxpayers across New York, a labor arbitrator has ruled that the city of White Plains, in Westchester County, has the right to require police retirees to begin contributing to their healt Read More
Governors often veto legislation on narrow technical grounds, effectively leaving the door ajar for sponsors of bad bills to try again with a somewhat different approach. But that's not the case with Gov. Andrew Cuomo's just-released Veto Message 23 Read More
The governor has rejected that would undermine the intent of New York's newly enacted property tax cap by allowing school districts to issue 15-year bonds to cover a portion of their rising teacher pension costs. The Executive Chamber's news rele Read More
Yesterday, the New York Times accused the Republican-controlled state Senate of "" for failing to pass legislation setting up a state health insurance exchange in the waning days of the last legislative session. If the legislature doesn't pass a bill Read More
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