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Report
Pensions & Benefits
Everybody’s Doing It
Health Insurance Premium-Sharing by Employees and Retirees in the Public and Private Sectors
January 27, 2013
This report analyzes New York City’s health premium policies for employees and retirees and suggests options to generate savings by implementing premium-sharing in the City's largest plans.
Blog
State Budget
Governor Cuomo’s Third Budget: Priorities for Fiscal Year 2013-14
December 17, 2012
Four important challenges face state leaders as they prepare the next budget for FY2014 in Medicaid, Education, Economic Development and Local Government Relief.
Video
Health Care
Dr. Alan Aviles, HHC President & CEO
CBC Breakfast Series
October 17, 2012
CBC Breakfast with HHC President and CEO Dr. Ram Raju in October 2012.
Blog
City Budget
Restoring City Priorities Along With Spending Cuts
June 21, 2012
The Mayor and City Council's “budget dance” focuses largely on child care slots and after-school programs, but should really be about the City’s overly generous contributions to the health insurance of former City employees and their spouses.
Report
Health Care
A Troubling Prognosis for HHC's Finances
April 23, 2012
This report assesses New York City Health and Hospitals Corporation's (HHC) critical role within the health care safety net protecting lower income New Yorkers, and it explores two significant fiscal challenges in the coming years: threats to City-supported revenues and an inadequate gap-closing plan.
Blog
Pensions & Benefits
The Next Challenge: Retiree Health Benefits
April 16, 2012
Pension reform, done. Next up, retiree health insurance and OPEB.
Statement
Public Workforce
Statement on Tier VI Reforms
March 14, 2012
The bill that passed both houses of the State Legislature early this morning included important, beneficial changes in most components of the pension formulas that will determine benefits for future employees.
Blog
Pensions & Benefits
Pension Reform: Firefighters Will Not Be Running Into Burning Buildings at Age 65
March 06, 2012
Debunks misconception that "Tier VI" proposal would have employees whose duties require certain physical capacities to work until age 65.
Blog
Pensions & Benefits
A Reasonable Proposal: Sharing More of the Cost of Public Sector Pensions with Employees
February 15, 2012
Increasing the employee contribution rate for public pensions in New York State is not unreasonable. Comparisons with nationwide norms show proposal would move New York toward the middle of the pack among states.
Blog
Pensions & Benefits
A More Flexible Pension Plan
January 25, 2012
Part of Governor Andrew Cuomo’s “Tier VI” proposal to make pension benefits for public employees of New York’s State and local government more affordable and sustainable over the long term is an optional 401(k)-style plan, already used widely in the private sector and becoming more common in the public sector.
Blog
Pensions & Benefits
NY Retirement Systems: Still Out of Line
January 25, 2012
NY requires unusally low rates of employee contribution -- meaning taxpayers largely shoulder the cost of providing pensions, which has grown sharply over the last decade.
Blog
Health Care
Improving the Way New York Pays for Medicaid
January 24, 2012
Governor Andrew Cuomo’s budget proposals for fiscal year 2012-13 include an important first step towards fixing a longstanding flaw in the way New York pays for its Medicaid program.
Op Ed
Pensions & Benefits
Carol Kellermann: Pension Reform is Highest Priority
January 16, 2012
President Carol Kellermann pens an op-ed urging Governor Cuomo to pursue pension reform in his 2012-2013 Executive Budget.
Report
Pensions & Benefits
The First Priority in the New Year – Pension Reform
January 10, 2012
This brief examines pension cost growth in New York State and its effect on the New York's competitiveness. It recommends the adoption of a new tier of pension plans known as the Tier VI Proposal.
Blog
State Budget
Balancing the State Budget – Halfway There, But Running Out of Gas?
December 19, 2011
The Governor should avoid more new taxes as the way to close the rest of the budget gap and instead focus on containing spending growth in Medicaid, pensions, education, and economic development.
Report
Health Care
A Poor Way to Pay for Medicaid
Why New York Should Eliminate Local Funding for Medicaid
December 11, 2011
This paper examines the fiscal inequities and other problems that arise as a result of New York’s largelocal share for Medicaid financing.
Blog
Pensions & Benefits
New York City Is Not Alone
November 16, 2011
Reducing the pensions funds' investment target to 7% would be prudent in order to keep the City’s pension funds fully funded, and it would be consistent with changes that have been adopted by other large public pension systems.
Blog
Public Workforce
Another Good Idea to Save the City Money
October 27, 2011
The New York City union welfare funds could also use some "depoliticizing, professionalizing and streamlining."
Blog
Pensions & Benefits
How Much Did New York’s 2010 Early Retirement Incentive Save?
October 25, 2011
The CBC estimates that early retirement incentives saved taxpayers $681 million savings- less than would have been saved if the Governor had been able to achieve through layoffs.
Blog
Health Care
Cause for Concern with the Medicaid Redesign Team Implementation
October 13, 2011
NY is roughly halfway to meeting its budgeted Medicaid savings target of $2.2 billion for fiscal year 2012. A closer look suggests there is cause for concern that some of the savings may not be implemented on time.