Average New FDNY Pension Approaches $120,000 Press Releases

New York City firefighters and fire officers who retired during the 2016 fiscal year were eligible for average pensions of $119,863, a 6 percent increase over the previous year, according to data gleaned from 15,557 Fire Department pension records updated today on SeeThroughNY, the Empire Center’s transparency website.

NYC pension costs shooting up by E.J. McMahon | NY Torch

Taxpayer-funded pension contributions in New York City will need to increase by a total of $732 million between fiscal years 2018 and 2020 due to the pension funds' paltry investment earnings in the recently concluded 2016 fiscal year, City Comptroller Scott Stringer has just disclosed.

De Blasio’s bizarre school-custodian ‘solution’ New York Post

The Empire Center found city school-custodian engineers were the highest-paid group of city employees in 2014, earning an average of $109,467.

And their union contract made it impossible to fire them unless they were jailed. Some custodians did stellar work — but many schools looked like dumps.

Assembly busts budget cap NY Torch

"Spending cap? What spending cap?" In effect, that's the state Assembly's opening public bid in state budget negotiations with Gov. Andrew Cuomo for the fiscal year that starts April 1.

Pension Case Win Means More Transparency Press Releases

The New York City Employee Retirement System (NYCERS) must provide the Empire Center with names and amounts of pensions paid to retired New York City uniformed employees, such as corrections officers, a Kings County Supreme Court judge ruled today.