Tag: Pensions

New York’s two teacher pension systems last year had 25 retirees eligible to collect pensions of more than $300,000, according to data posted today on SeeThroughNY, the Empire Center’s government transparency website. Read More

New York's public employee unions are arguing, without evidence, that state lawmakers need to retroactively sweeten the pensions of workers who have been on the job for more than a decade. In fact, state and federal data show why state lawmakers shouldn't. Read More

A little-noticed provision in lawmakers’ budget proposals would also be the most costly: their proposal to change state retirement rules would slam New York taxpayers with more than $4 billion in new debt, and immediately drive up pension costs, by retroactively sweetening the pension benefits of public employees. Read More

The number of retirees eligible for $200,000+ pensions from the New York State and Local Retirement System (NYSLRS) reached 54 last year, according to new data posted on SeeThroughNY, the Empire Center’s government transparency website. Read More

Testimony of Edmund J. McMahon Before the NY State Senate Civil Service and Pension Committee October 11, 2023 (Text as prepared and submitted) Work Read More

New York City firefighters and fire officers retiring last year after full careers were entitled to , up 11 percent from the prior year, according to new data added to SeeThroughNY, the Em Read More

The pension plan covering most New York city government agencies, including the City’s subway system, had 47 members with pension payments of at least $200,00 last year, 11 more than in 2021, according to Read More

Public employee unions — and Governor Hochul — are pressuring state lawmakers to increase hiring at state agencies because, they say, more than a quarter of the state workforce is poised to retire. Read More