Research

The balance of unspent money in the Essential Plan Trust Fund ballooned to a new high of $1.2 billion as of March 31, records from the comptroller's office show. The surplus more than tripled since the same time last year – even as the Trump administration disrupted federal aid for the program, which provides health coverage to low-income New Yorkers, and the Cuomo administration diverted $635 million in Essential Plan funds to subsidize struggling hospitals. Read More

New York's spending on elementary and secondary education reached a record $23,091 per pupil in 2017, once again topping  all other states in this category, according to the latest U.S. Census data. Read More

New York's Common Retirement Fund (CRF) fell nearly two percentage points short of its investment earnings target last year—and the state's other major public pension funds are on the same sub-par track. Read More

The scores of New York's nursing homes dipped to an average of 3.19 out of 5 stars in the federal government's latest Nursing Home Compare report card, down from 3.33 in January. However, the national average dropped even further, from 3.35 stars to 3.06. New York's standing improved from 31st to 27th among the 50 states. Read More

Today's jobs report from the state Labor Department carried the usual "Jobs at All-Time High" headline (when the "high" disappears, think recession).   Also as usual, the April numbers showed a wide regional variation in private job creation rates around the state—and New York as a whole continues to trail employment growth nationally. Read More

The Metropolitan Transportation Authority has assigned its own police force to monitor attendance and overtime use by Long Island Railroad employees, the Daily News reports. Read More

New York’s public-sector collective bargaining law, the Taylor Law, is unique in that it’s the only law that people risk breaking by discussing it. The Empire Center launched “Dues and Don’ts” to help public employers fulfill their obligation to educate employees about their rights without fear of improper practice charges under the Taylor Law. Visit the Dues & Don'ts website to learn more. Read More

In what's become an annual tradition, New York state lawmakers have re-introduced bills designed to prohibit or restrict changes to expensive continuing health insurance coverage for current and future government retirees—which would effectively lock in a growing unfunded liability of more than a quarter trillion dollars for taxpayers across the state. Read More