Month: January 2024

Rebounding from its biggest loss since the Global Financial Crisis, New York's Common Retirement Fund realized a strong investment gain of 11.55 percent in fiscal year 2024, state Comptroller Thomas DiNapoli announced. The Fund, which now stands just below $268 billion, supports pensions paid to members of the New York State and Local Retirement System (NYSLRS). Read More

Seven Port Authority of New York and New Jersey employees last year collected more than $200,000 each in overtime as total overtime surged, according to 2023 payroll data posted today on SeeThroughNY, the Empire Center’s government transparency website. The five-year increase in overtime far exceeds the Port Authority's payroll savings from phasing out bridge and tunnel toll collectors over the same period. Read More