Thousands of public employees across New York State rushed to sign up for pensions over the last several weeks, seeking to lock in generous retirement benefits before cuts approved by the State Legislature took effect on Sunday.
At the New York City Employees’ Retirement System, for example, more than 12,000 workers applied last week to enroll in the pension system — more than 40 times the typical weekly number of applicants. And the New York City Board of Education Retirement System received nearly 9,000 applications over the last two weeks, after enrolling only 122 new members in all of February.
“It’s just common-sense economics here,” said Stephen Madarasz, a spokesman for the Civil Service Employees Association, the state’s largest union of public workers. “You’re looking at an enormous difference in benefits.”
Lawmakers approved the changes last month, requiring most employees who joined the pension system beginning on April 1 to contribute more to their pensions while reducing how much money they are promised when they retire.
Public-employee unions, which had unsuccessfully fought to dissuade the Legislature from reducing pension benefits, campaigned using social media and traditional forms of outreach to persuade workers to sign up before the benefits dropped. The New York State United Teachers asked local union leaders to alert their members.
The Public Employees Federation sent an e-mail alert to thousands of workers and posted on its Facebook page. And District Council 37, the city’s largest municipal employees’ union, used lunchtime meetings with its members, as well as Facebook, Twitter, public access television and a variety of media appearances to reach its members….
“The biggest problem for the state is the enormous, recurring structural budget gap starting next year and into the future,” said E.J. McMahon of the conservative-leaning Empire Center. “Cuomo clearly hopes that starting in 2021, (Democratic presidential candidate Joseph) Biden and a Democratic Congress will provide states and local government a couple of year’s worth of added stimulus. Read More
Ed McKinley
ALBANY — When the New York Constitution was reorganized nearly 100 years ago to give the governor more power over the budget process, noted there was a risk of making “the governor a czar."
M Read More
Michael Gormley
ALBANY — A new study by a conservative think tank says President Donald Trump’s 2017 tax law gave most New Yorkers a tax cut, even as Gov. Andrew M. Cuomo insists on repealing the measure because he says it will cost New Yo Read More
Johan Sheridan
ALBANY, N.Y. () — The Empire Center filed a against the state Department of Health on Friday.
“This case isn’t about assigning blame or embarrassing political leaders,” said Bill Hammond, the Empire Center’s Read More
The Empire Center first reported Tuesday that grants — 226 of them, totaling $46 million, to recipients selected by the governor and individual state lawmakers — seemed to still be going ahead. Read More
With lingering questions about how the novel coronavirus killed thousands of New Yorkers who lived in nursing homes, a group of state lawmakers is pushing to create an independent commission to get answers from the state Department of Health. Read More
“The importance of discussing this and getting the true facts out is to understand what did and didn’t happen so we can learn from it in case this happens again,” Hammond said. Read More
No doubt, the Health Department and the governor would like this report to be the final word on the subject.
But if it’s all the same with them, we’d still like a truly independent review. Read More