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Blog
Pensions & Benefits
An Expensive Pension Enhancement Bill is on the Move
June 08, 2014
About the bill to increase disability pension benefits for police officers hired after July 1, 2009, when a more financially sustainable “Tier III” plan went into effect.
Blog
Pensions & Benefits
Giving Credit Where It’s Due? New York City’s $1.3 Billion in Health Insurance Savings
December 28, 2014
In its recent mid-year budget modification the de Blasio administration credited a coalition of municipal employee unions with achieving $1.3 billion in savings in the City’s employee and retiree health insurance costs. Yet the unions have not agreed to any changes in the plan, and the City and the unions have taken no actions to reduce costs. How can this be?
Blog
Pensions & Benefits
LIRR Pension Fraud Could Happen Again
August 04, 2014
Summarizes findings from a GAO report indicating the federal agency administering disability pensions for those workers had not done enough to prevent a repeat of a widespread fraud scheme by LIRR employees uncovered in 2008.
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
Five Benefit Sweeteners Pass in State Legislature
June 19, 2014
Five bills on CBC’s Benefit Sweetener Scorecard have passed both houses of the State Legislature in 2014. These bills are highlighted in red on the Scorecard.
Letter
Pensions & Benefits
CBC Proposes Guidelines for Determination of Health Insurance Savings Between City and MLC
Letter to Commissioner Robert Linn
June 05, 2014
This letter suggests guidelines for effective implementation of the agreement between the City and the Municipal Labor Committee to generate $3.4 billion in health care savings between fiscal years 2015 and 2018.
Blog
Pensions & Benefits
Benefit Sweeteners on the Move in State Legislature
June 15, 2014
Last week five bills on CBC’s Benefit Sweetener Scorecard passed one house of the State Legislature. The most expensive bill (A7862/S5644) was passed in the Senate and would increase pension benefits for SUNY police officers to half-pay after 25 years.
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
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.
Blog
Pensions & Benefits
A Busy Day in Albany
February 19, 2013
Eight bills introduced in the NYS Assembly enhance pension benefits of public employees and retirees. These bills would add at least $1.35 billion in costs to State and local employers.
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.
Blog
Public Workforce
City Government Needs to Attract Younger Workers
February 18, 2014
City leaders need to think boldly about how best to reconfigure the City’s compensation and hiring practices to attract a young and skilled workforce in coming years.
Blog
Public Workforce
No Contract Does Not Mean No Raises
April 06, 2014
The fact that the entire unionized New York City municipal workforce is working under expired contracts is a big problem, but it does not mean that all municipal workers have gone without raises since their contracts expired.
Letter
Economic Development
Governor Cuomo Should Veto Bills Expanding Economic Development Programs
November 20, 2017
CBC recommends Governor Cuomo veto three bills that would expand an economic development program.
Blog
Pensions & Benefits
2014 Benefit Sweetener Scorecard
May 11, 2014
Reviews initial set of bill that “sweeten” or enrich public employee pensions and benefits introduced in the last weeks of the 2014 session.
Blog
Economic Development
NY’s Economic Development Programs Costliest in the Nation
April 07, 2017
It's official: NY's economic development programs cost more than in any other state.