It’s going to be a very happy new year for nine veteran state lawmakers who will “retire” Jan. 1 to collect their pensions — but remain in office on full salary. Read More
Tag: Public Pensions
A bill expanding the share of New York public pension funds that can be invested in complex, high-risk alternative assets such as private equity and hedge funds has been vetoed by Governor Andrew Cuomo. Read More
Showing contempt for the public — if not also for the courts — retirement funds representing the city’s cops and firefighters are stonewalling a judicial order to make public the names of all their pensioners. Read More
When the Empire Center posted a list on its website of the 665 public employees “double dipping” — or collecting public sector pensions while getting paid for other public sector jobs — Herkimer County’s Dr. Vinay Patil emerged as one of the highest-paid at $210,000 annually. Read More
The Empire Center for Public Policy is seeking to intervene in a lawsuit initiated by New York City firefighter unions in an attempt to block the release of pension recipients’ names alongside individual pension benefit amounts. Read More
A total of 665 state and local government workers have permission to collect both a full-time salary and retirement payments, according to a new report. Read More
The Empire Center reported Monday that 665 retired public workers in New York had authorization this year to "double dip" and keep collecting pensions while getting paid for jobs after returning to work in the public sector. Read More
Empire Center President E.J. McMahon spoke with Capital Tonight host Liz Benjamin about Governor Cuomo's veto of a pension sweetener bill. Read More