Tag: New York City

After five years of lawsuits and appeals, a Brooklyn judge has definitively upheld the right to know who’s drawing public pensions and how much they’re being paid. Read More

In a ruling that favored the Empire Center's position, a state Supreme Court justice in Brooklyn today ordered the New York City Fire Pension Fund to release the names as well as pension amounts of its retirees. Read More

It’s both ironic and fitting that Victor Gotbaum, longtime leader of New York City’s largest municipal-workers union, died on the 40th anniversary of the fiscal crisis. Read More

In many respects, New York City looks economically and fiscally as strong as it’s ever been. But it’s still worth recalling that, 40 years ago this week, things were very different. Read More

Adjournments and stipulations churned mechanically as acting Brooklyn Supreme Court Justice Peter Sweeney plowed through his 87-case calendar Monday — until a preposterous lawsuit caught his attention. Read More

New York City's welfare caseloads are expanding again—a deliberate and predictable outcome of Mayor Bill De Blasio's policies, as Manhattan Institute's Steve Eide points out in his new "Poverty and Progress in New York" report. Read More

City workers who qualify for pensions are also eligible for lifetime health insurance coverage — a retirement benefit that has almost disappeared in the private sector. The estimated value of retiree health benefits promised to current and future city government pensioners is now roughly $90 billion, tipping the city’s overall financial balance sheet well into the red. Read More

If Glick is really looking for an unseemly message about public school pay, maybe she should take a look at what the city and state are coughing up for teacher pensions. New data from the Empire Center for the Public Policy shows the number of teachers receiving six-figure pensions in New York nearly tripled between 2009 and 2014. Read More