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Letter
Pensions & Benefits
CBC Urges Governor Paterson to Veto Costly Mandate for Retired Teachers
May 12, 2009
This letter from the CBC urges the Governor to veto A4628, a bill that would renew the provision that prohibits school districts from reducing the health insurance benefits offered to retirees unless the changes are approved by the local teachers union.
Op Ed
Pensions & Benefits
Pension Poison Pills
April 06, 2009
This op-ed, released in conjunction with the report “The Explosion in Pension Costs: 10 Things New Yorkers Should Know About Retirement Benefits for New York City Employees,” highlights facts that taxpayers should know about the cost of retirement benefits for New York City employees.
Letter
State Budget
10 Do's and Don'ts for Spending the Federal Stimulus Funds
February 25, 2009
This letter to the Legislature warns that the federal aid to New York is limited and temporary, suggests ten do’s and don’ts for using the federal funds and closing the budget gap while avoiding harmful cuts and tax increases, and highlights possible allocation of the funds.
Op Ed
Pensions & Benefits
State Can't Afford Overly Generous Pensions
January 31, 2009
Written by CBC President Carol Kellermann and President and CEO of the Business Council of New York City Kenneth Adams, this op-ed outlines Governor David Paterson’s proposed measures in response to the challenges associated with such a high-cost fringe benefit system.
Op Ed
Pensions & Benefits
NYC's Out-Of-Control Labor Costs
January 12, 2009
Written in conjunction with the report “Six-Figure Civil Servants: Average Compensation Cost Of New York City Public Employees,” which showed that the average compensation costs of full-time City employees was $106,743 in the last fiscal year, this op-ed by CBC President Carol Kellermann suggests three steps to be taken immediately to avoid jeopardizing the City’s economy and its services.
Op Ed
State Budget
Budget Busters
August 18, 2008
CBC President Carol Kellermann discusses Governor David Paterson's offer of a menu of more than $1 billion in savings proposals from which he challenged legislators to select $600 million worth when they convened in Albany for a special session.
Op Ed
Pensions & Benefits
Paterson Must Veto Pocket-Picking Mandate
June 26, 2008
The Legislature recently passed a bill -- A9393A/S6457A -- that would prevent local officials from achieving savings in the skyrocketing cost of providing health insurance for government retirees and their dependents by prohibiting any reduction in benefits.