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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.
Report
Public Workforce
MTA-TWU Wage Negotiations
A "Fair Increase" Will Not Increase Fares
January 29, 2012
This report examines the contract negotiations between the Metropolitan Transportation Authority (MTA) and its largest union, the Transport Workers Union Local 100, and it applies the criteria specified by the Public Employment Relations Board for determining arbitration awards. It finds that the public interest will be served by an agreement that maintains a good standard of living for workers, is within the MTA’s ability to pay, and does not force further harm upon riders.
Blog
Public Workforce
A Closer Look at Paterson's Proposed Layoffs
October 31, 2010
Review Governor Paterson's plan to lay off state workers and allow additional positions to be vacated.
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.
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.
Presentation
City Budget
Options to Reduce Expenditures
The Most Important Economic and Fiscal Decisions Facing the Next Mayor
December 06, 2013
In this presentation, CBC puts forward eight options to reduce expenditures by nearly $4 billion by FY2018.
Blog
Pensions & Benefits
Not so sweet
June 20, 2010
While the State and local governments struggle to pay for current salaries and fringe benefits of public employees and to fully fund the pension system for retirees - resorting to a "borrowing" scheme to stretch out required payments - the State Legislature has remained undeterred in introducing and acting upon bills that would add even more costs in the 2010 session.
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
State Budget
Little Noticed but Significant: The Sound Recommendations of the SAGE Commission
April 15, 2013
Reviews the worthwhile recommendations of the Spending and Government Efficiency Commission, or “SAGE” Commission.
Blog
Pensions & Benefits
The Next Challenge: Retiree Health Benefits
April 16, 2012
Pension reform, done. Next up, retiree health insurance and OPEB.
Report
State Budget
In The Danger Zone
A Comparative Analysis of New York State's Long-Term Obligations
March 08, 2010
This comparative analysis examines the debt burden of the 50 states. It finds that New York's debt burden is well above national averages and greater than that of all but three states.
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.
Video
Pensions & Benefits
Deputy Mayor Caswell Holloway
CBC Breakfast Series
April 17, 2013
CBC Breakfast with NYC Deputy Mayor Caswell Holloway in April 2013.
Report
Public Workforce
Governor Cuomo's Labor Contracts
Only Getting Part of the Job Done
January 06, 2017
In collective bargaining, the Governor must balance paying workers fairly with keeping tax levels reasonable. More needs to be done to control rising fringe benefits costs.
Press Release
Pensions & Benefits
CBC Issues Report Detailing The Unsustainable And Growing Burden Of New York City's Other Post-Employment Benefit Debt
October 25, 2017
NYC's Other Post-Employment Benefits (OPEB) amounts to $95 billion. New policies should be implemented to reduce the financial burden on future generations.
Blog
City Budget
The Giant Slice: Legacy Costs in the New York City Budget
May 09, 2013
“Legacy costs” will claim almost 25 percent of the budget by fiscal year 2015 – leaving fewer dollars for other budget priorities.
Blog
Pensions & Benefits
The State and Local Pension Stretch
June 16, 2010
New York stands out for consistently setting aside adequate funds to make its employee pension systems fiscally sound, but political leaders are considering heading down a fiscally irresponsible path.
Report
Pensions & Benefits
2017 Benefit Sweetener Scorecard
December 07, 2017
The State Legislature passed 26 bills. Click to learn more.
Blog
State Budget
Budget Proposals with a Big Long-Term Payoff
March 16, 2017
The NYS FY2018 Executive Budget includes three proposals to reduce the State’s cost of providing retiree health insurance. Budget savings would be modest, but the reduction in the OPEB liability would be significant.
Letter
State Budget
CBC Urges Governor to Veto Expensive Benefit Sweeteners
October 12, 2017
CBC calls on Governor Andrew Cuomo to veto 16 bills that would provide expensive enhancements to government employee and retiree benefits.