Tag: New York City

New York City Fire Department (FDNY) pensions have averaged more than $100,000 for new retirees for the past seven years, according to data previously withheld by the pension fund and obtained by the Empire Center after a lengthy court battle. Read More

New York City’s pension costs will reach nearly $8.8 billion in the coming 2016 fiscal year — more than double the 2006 level and nearly eight times the 2001 amount. Yet now, with a week to go in the state legislative session, Albany is poised to drive those costs even higher. Read More

It's safe to say that few Capital Region residents split their time between an upstate residence and a rent-controlled apartment in the five boroughs. So with just 11 days left in the legislative session, should the citizens of Albany, Niskayuna or East Greenbush be concerned about housing policy in New York City? The short answer: You bet. Read More

New Yorkers are used to seeing the leaders of various municipal employees unions get hot and bothered about relatively trivial issues. It's who they are; it's what they do. Being anything but shrinking violets, these outspoken union bosses like the attention their outrage generates. And being seen as standing up in defense of their supposedly put-upon members always helps when they run for re-election. But even understanding that phenomenon, we're at a loss to understand the righteous indignation of several fire unions over a ruling that the New York City Fire Pension Fund must make public the name and pension amounts received by retirees. Read More

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Empire Center for Public Policy
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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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