Nearly three-quarters (307) of the 416 firefighters and fire officers who retired from the Fire Department of New York (FDNY) during 2017 are eligible to collect pensions of at least $100,000, according to data posted today to SeeThroughNY.net, the Empire Center’s transparency website. Read More
Tag: Pensions
On the whole, New Yorkers can breathe a sigh of relief if the state Senate’s gridlock forces an early end to the 2018 regular session of the Legislature. Otherwise, the next two weeks will still leave plenty of time for lawmakers to get up to no good. Read More
As a 19th-century Manhattan politician once observed, “no man’s life, liberty or property are safe while the Legislature is in session.” Some things never change. On balance, New Yorkers would probably be better off if this year’s legislative session ended ahead of its scheduled June 21 adjournment. Read More
This winter, New York has had two major construction scandals. In March, Related, the giant real estate firm building out much of the Hudson Yards office and apartment site on Manhattan’s West Side, sued construction unions, alleging that they inflated costs by more than $100 million, including fooling Related into paying up to $70 an hour for someone who fetches coffee. Read More
Don’t hate retired sanitation worker Eugene Egan for his city pension of more than twice the $128,189 top salary he earned in 2015, his last year on the job; blame the politicians who created a system that saddles taxpayers with a ticking pension time bomb. Read More
After a two-year legal battle followed by two years of additional delays, the New York City Employee Retirement System (NYCERS) has released the full pension records for its retired members. Read More
This new timeline traces five legal battles the Empire Center has fought since 2009 against public agencies that refuse to allow taxpayers to see where their money is going. Read More
Maximum pension benefits averaged $68,676 for the 2,495 members of the New York State Teachers Retirement System (NYSTRS) who retired in school year 2016-17 with at least 30 years of credited service time, according to data posted today on SeeThroughNY, the Empire Center’s transparency website. Read More
