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
Tag: Public Pensions
Ninety retired government workers and teachers statewide are eligible to collect more than $200,000 a year in pensions and more than a quarter of them worked on Long Island, state records show. In all, nearly 8,000 retirees statewide can collect in excess of $100,000 a year. Read More
For Silver, who has served 38 years as an assemblyman, that would mean a $87,120 annual pension — or an estimated total $1.15 million over his expected life span, according to the Albany-based think tank Empire Center for Public Policy. 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
The number of teachers and administrators raking in six-figure annual pensions in New York state nearly tripled between 2009 and 2014, according to a new report. Data from the Empire Center for Public Policy, an Albany-based think tank, show that more than 4,800 school retirees were eligible to receive pensions of more than $100,000 in 2014, up from 1,600 in 2009. Read More
A new report finds that nearly 5,000 New York teachers are being paid six-figure pensions courtesy of tax payers. Read More
Five years ago, a taxpayer watchdog invoked the state Freedom of Information Law and started a court battle for access to the names of retired public employees who are collecting pensions, along with the amounts of their payments. Read More
New York State's largest public pension fund earned 1.91 percent during the quarter ending Dec. 31, state Comptroller Thomas DiNapoli announced today. Meanwhile, the New York State Teachers' Retirement System (NYSTRS) has confirmed its contribution rate will drop for the first time in five years when pension bills for 2015-16 come due in the fall. Neither announcement says much about the long-term future path of taxpayer-funded pension costs in New York, however. Read More