Stronger than expected tax payments this spring led the Governor’s Division of the Budget (DOB) to increase its personal income tax (PIT) revenue projections for the next four years by $8.5 billion above its Apr Read More
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Full career police and firemen (those serving 20 or more years) enrolled in New York’s Police and Fire Retirement System (PRFRS) who became eligible to start receiving a pension during 2020 are eligible for an average award of $86,852 annually. Read More
Over the 10 days that Hochul has been in office, there has been no further progress on the Empire Center's record requests. Read More
County and Municipal Payrolls in New York Local government is a labor-intensive business, and employee compensation is the single biggest element of most municipal budgets. The 2021 edition of What Read More
New York's health benefit costs increased faster than the national average in 2020, leaving it with the second-least affordable coverage in the U.S. The state's average total c Read More
The document, titled “Foil at a Glance,” lays out the Cuomo administration’s procedures for handling FOIL requests Read More
Fewer than one in four New York City office workers are back in the office, according to a pair of datasets issued this week. Read More
DiNapoli announced today that he's approved a recommendation by the State Retirement System Actuary to reduce, from 6.8 percent to 5.9 percent, the assumed rate of return (RoR) on investments by the $268 billion Common Retirement Fund, which underwrites the New York State and Local Employee Retirement System (NYSLERS) and Police and Fire Retirement System (PFRS), of which the comptroller is the sole trustee. Read More