Tag: New York City

Wednesday, Mayor de Blasio presented a fiscal 2018 Executive Budget that called for pension contributions totaling $9.6 billion — another all-time high. Yet city pension plans remain significantly underfunded even by lenient government accounting standards, posing a big risk to New York’s fiscal future. Read More

The city of New York has been ordered to pay the legal costs and fees to the Empire Center for Public Policy in connection with the Center’s successful effort to obtain city payroll data under the state Freedom of Information Law (FOIL). Read More

Hizzoner cooked up something nice for his entire staff. Mayor de Blasio doled out raises to 358 of 360 staffers in fiscal year 2016. That came to a total of $2 million, which included a generous $13,000 raise to the executive chef at Gracie Mansion, who now earns $115,000. Data compiled by the Empire Center also show 56 City Hall staffers — including 35 who got new job titles — received raises of more than 20%. Read More

Hundreds of New York City government employees more than doubled their pay with overtime during the city’s 2016 fiscal year, according to the latest payroll data added to SeeThroughNY, the Empire Center’s transparency website. Read More

New York City firefighters and fire officers who retired during the 2016 fiscal year were eligible for average pensions of $119,863, a 6 percent increase over the previous year, according to data gleaned from 15,557 Fire Department pension records updated today on SeeThroughNY, the Empire Center’s transparency website. Read More

Taxpayer-funded pension contributions in New York City will need to increase by a total of $732 million between fiscal years 2018 and 2020 due to the pension funds' paltry investment earnings in the recently concluded 2016 fiscal year, City Comptroller Scott Stringer has just disclosed. Read More

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The Empire Center is an independent, non-partisan, non-profit think tank located in Albany, New York. Our mission is to make New York a better place to live and work by promoting public policy reforms grounded in free-market principles, personal responsibility, and the ideals of effective and accountable government.

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