NY Retirement Systems: Still Out of Line
Publish Date: Thu, 2012-01-26 Today, the U.S. Census Bureau released new figures on public retirement systems.[1] A quick look at the data underscores why New York’s pension system is costly, how it...
View ArticleA Reasonable Proposal: Sharing More of the Cost of Public Sector Pensions...
Publish Date: Thu, 2012-02-16 The pension reform proposal that Governor Andrew Cuomo submitted with the Executive Budget, known as Tier VI, would increase contributions from new employees to the...
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Interactive Graphic: Prevailing Wages in New York City
Title Link: http://bit.ly/ZxoKimPublish Date: Sun, 2012-02-19 read more
View ArticleCuomo’s Reforms Are Perfectly Fair
Title Link: http://www.cbcny.org/sites/default/files/OPED_NYP_02222012.pdfPublish Date: Wed, 2012-02-22 Gov. Cuomo’s proposed “Tier VI” pension formula for future state and local government employees...
View ArticlePension Reform: Firefighters Will Not Be Running Into Burning Buildings at...
Publish Date: Wed, 2012-03-07 One misconception in the current debate on the pension changes proposed by Governor Andrew Cuomo – known as Tier VI – is that employees whose duties require certain...
View ArticleNew York State’s Pension Plan
Title Link: http://www.cbcny.org/sites/default/files/OPED_NYT_03122012.pdfPublish Date: Tue, 2012-03-13 Deferrals of pension fund contributions by New York State and localities relies on unconvincing...
View ArticleStatement on Tier VI Reforms
Title Link: http://www.cbcny.org/sites/default/files/STATEMENT_03152012.pdfPublish Date: Thu, 2012-03-15 Despite a concerted public relations campaign against the Governor’s pension reform proposal...
View ArticleA Busy Day in Albany
Publish Date: Wed, 2013-02-20 On February 13th, lawmakers in the New York State Assembly had a busy day: they introduced eight bills enhancing the pension benefits of public employees and retirees....
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Letters to the State Comptroller and NYSTRS on the Governor's "Fixed Rate"...
Title Link: http://www.cbcny.org/sites/default/files/LETTER_02252013.pdfPublish Date: Mon, 2013-02-25 I am writing to share the views of the Citizens Budget Commission on Governor Andrew Cuomo’s...
View ArticleLetter to the Legislature on CBC's Recommendations for the FY2013-14 NYS Budget
Title Link: http://www.cbcny.org/sites/default/files/LETTER_03072013.pdfPublish Date: Thu, 2013-03-07 In a letter to the state legislature the CBC made recommendations for the fiscal year 2013-14 New...
View ArticleThe Giant Slice: Legacy Costs in the New York City Budget (UPDATED)
Publish Date: Fri, 2013-05-10 An alarming and little known fact is that a large slice of the New York City budgetary pie does not directly support current service provision. This giant slice,...
View ArticleAn Expensive Pension Enhancement Bill is on the Move
Publish Date: Mon, 2014-06-09 A bill moving swiftly through the Legislature would reverse recent pension reforms and greatly increase New York City’s pension fund contribution costs. The bill,...
View ArticleLetter to Mayor on Bill That Would Reverse Pension Reforms
Title Link: http://www.cbcny.org/sites/default/files/LETTER_06092014.pdfPublish Date: Mon, 2014-06-09 A bill moving swiftly through the State Legislature would reverse recent pension reforms and...
View ArticleLetter to the Governor Urging Veto of Five Benefit Sweetener Bills
Title Link: http://www.cbcny.org/sites/default/files/LETTER_11112014.pdfPublish Date: Tue, 2014-11-11 The CBC urged Governor Cuomo to veto five bills passed by the legislature that would reverse...
View ArticleChristmas Bonuses for Uniformed Retirees Weaken the City’s Pension Funds
Publish Date: Fri, 2014-12-12 On December 15th, about 41,600 retired New York City police, fire, and correction officers will receive a $12,000 check. This payment, known as the Variable Supplement...
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Interactive Map: A More Flexible Pension Plan
Title Link: http://bit.ly/z8lEzAPublish Date: Thu, 2012-01-26
View ArticleStatement on Tier VI Reforms
Title Link: http://www.cbcny.org/sites/default/files/STATEMENT_03152012.pdfPublish Date: Thu, 2012-03-15 Despite a concerted public relations campaign against the Governor’s pension reform proposal...
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