The and Albany both report today that Governor Andrew Cuomo's proposed public pension changes may include an optional defined-contribution retirement plan. (See Update below.) Read More
Tag: Andrew Cuomo
Governor Andrew Cuomo is proposing a new pension "tier" that would raise retirement ages, reduce benefit levels, eliminate overtime spiking and increase employee contributions for state and local workers outside New York City, the Associated Press Read More
Taxpayers from around the state held a small but boisterous rally in Albany today to show support for Governor Cuomo’s proposed 2% property tax cap, which has been passed in the state Senate but is stalled in the Assembly. Read More
The use of the term "stakeholder" to describe representatives of labor unions, businesses and advocacy groups with an obvious vested interest in the outcome state policy deliberations seems to have soared under Governor Andrew Cuomo, who has appointed... Read More
Gov. Andrew Cuomo has just announced a tentative contract agreement with one of the state's smaller unions, including some potentially significant labor concessions that could set a pattern for achieving the $450 million in workforce savings assumed... Read More
Today's Buffalo News reports that Gov. Cuomo is signaling a willingness to water down his property tax cap proposal. Most alarmingly, the News says Cuomo "privately told lawmakers this week that the list of expenses exempt from any limit probably will... Read More
Did someone say "mandate relief"? The Suffolk County Legislature is actually begging the state for another potentially costly collective bargaining mandate. Read More
Public schools in New York are awfully expensive, and their costs continue to rise at a pace that taxpayers can't afford. So how can schools cope with a needed reduction in state aid? Governor Andrew Cuomo has a simple and blunt prescription: "less... Read More