Tag: Pensions

Two pension funds affiliated with 1199 SEIU, the state's largest and most influential union for  health-care workers, recently disclosed that they are in critical status due to funding or liquidity problems for an 11th straight year. Read More

New York’s AFL-CIO has issued a statement blasting the “misinformation campaign” by business groups fighting organized labor’s push to impose union pay levels on private developments receiving public subsidies. There is, indeed, plenty of misinformation wafting around this issue—but virtually all of it originated  in the union camp. Read More

The number of government retirees allowed to collect both a paycheck and public pension has grown by 9 percent, according to data posted today on SeeThroughNY, the Empire Center’s transparency website. Of the 933 active “double-dippers,” eight are eligible to take home more than $300,000, and at least 30 can take home more than $200,000. Read More

The hastily approved raise for New York’s governor had an unintended consequence: sweetening the Tier 6 pension plan enacted in 2012 and saddling taxpayers with an untold amount of higher pension costs. Read More

Maximum pension benefits averaged $68,902 for the 2,598 members of the New York State Teachers Retirement System (NYSTRS) who retired last year with at least 30 years of credited service time, according to data posted today on SeeThroughNY, the Empire Center’s transparency website. 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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