Gov. Cuomo is considering exempting city cops and firefighters from his push for pension reform, the Daily News has learned. While Cuomo inches toward an agreement with legislative leaders, leaving out the two uniformed agencies from pension refor Read More
A poll released this morning by the Empire Center, an arm of the conservative Manhattan Institute, found 71 percent of public school teachers surveyed would support the option of a defined-contribution pension, like a 401(k). Cuomo included such a Read More
More than seven of every 10 teachers support giving new colleagues the choice between a 401(k)-style retirement plan and a traditional pension - but most also oppose cutting traditional pension plan benefits for future teachers, a new poll has found. Read More
Albany insiders are calling it “the big ugly.” With good reason.It is expansive: Gov. Andrew Cuomo and the Legislature early Thursday morning concluded an agreement to resolve a spate of otherwise unconnected issues—redistricting, pension refor Read More
Gov. Cuomo and the Legislature on Wednesday nailed down a slew of deals to cap a chaotic day. The agreements were expected to include hard-fought changes to the pension system, a move toward legalizing casinos, an expansion of the state’s DNA da Read More
he retirement age for state workers is going up and the percentage they have to pay into their pensions is rising based on reform passed by Albany on Thursday. For the second time this year, Gov. Andrew Cuomo and state lawmakers worked through the Read More