The price tag for the Legislature's promise of an early retirement incentive for teachers isn't publicly known, but a similar bill would cost school districts $200 million in added pension payments next year. Read More
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The state bailed out the MTA with a $1.5 billion payroll tax earlier this year. But it turns out revenues from the payroll tax will come in $200 million less than expected. If only the state and the MTA had had someone back then to tell them that th Read More
Pay raises for teachers in eight Long Island school districts are growing at a slower rate than in the past, but still exceed percentage increases granted to private sector employees. Meanwhile, teachers in at least 18 Long Island districts are wo Read More
The health care bill now moving through Congress could heap significant added costs on New York State. But the Heritage Foundation is offering on how New York could turn the tables on the feds and save at least $47 billion on Medicaid over a six-y Read More
Did Governor David Paterson forget why he vetoed a bill that virtually locks in health benefits for retired state and local government employees? Or does he believe retired teachers are more deserving? The Tier 5 bill, , goes beyond creating a ne Read More
New York City's independent budget office (IBO) that Gotham will take in $1.3 billion more than the mayor is projecting over the rest of this fiscal year and next. The extra cash will alleviate some pressure on the city's projected (itself already Read More
The Senate today also passed the so-called previously approved by the Assembly and backed by Governor Paterson--complete with a form of super card-check for unions seeking to organize authority-sponsored hotel and convention center development projec Read More
Buried in is an incredible set of special concessions to unionized school teachers in New York. None of these changes were contained in Governor Paterson's original "pension reform" proposal, . The worst of the giveaways to teachers in the final Read More