It sounds like Governor Cuomo may be wavering on the optional defined-contribution (DC) retirement plan that was the single most innovative aspect of his Tier 6 pension reform proposal. Read More
Research
Once Nassau County stumbled back into fiscal crisis mode, it was inevitable that the county's police contract would emerge as a key obstacle to recovery. Read More
E.J. McMahon debated former state Assemblyman Richard Brodsky last night on The lead up to this debate includes Governor Cuomo's proposed modifications to the pension system in New York (including his proposal for an optional defined-contribution Read More
Just when you thought all the bad ideas had been taken, local publisher and suggests a new one: two minimum wages. In the Daily News, that New York State keep the current $7.25-an-hour minimum wage for people under the age of 2 Read More
State comptroller Tom DiNapoli today to assert the following: Critics of the current defined-benefit retirement plans for state workers incorrectly assert that New York State's pension system is financially sound only because of an unli Read More
Labor unions in New York are mounting a fierce effort to derail Gov. Andrew M. Cuomo's Tier 6 pension reform plan, portraying it as an attack on the middle class. Read More
Traditional public employee pension programs in New York State have become unaffordable for taxpayers—while denying workers the ability to choose more flexible approaches to retirement planning. Read More
OK—I admit it. Those protestors outside our pension reform event in Albany today did get one thing right. I do think people need to “gamble” some of their retirement savings on Wall Street. Read More
To the Editor: As part of his State Fiscal Year 2012-13 Executive Budget, Gov. Andrew Cuomo has included a long overdue initiative to take over the administration of New York’s Supplemental Security Income (SSI) state supplemental payment from the federal Social Security Administration. Read More
January's stronger-than-expected employment numbers, released by the U.S. Labor Departmentlast week, are fueling hopes that the economic recovery may finally be picking up steam. Read More
Reciting a litany of economic challenges facing New York soon after he took office as governor a year ago, Andrew M. Cuomo declared: "We have the worst business tax climate in the nation, period." Read More
Assembly Speaker Sheldon Silver wants to raise the state's minimum wage by 17 percent, to $8.50 an hour, and link it to inflation, guaranteeing more yearly increases. Read More