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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.
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
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.
Blog
Pensions & Benefits
New York Should Stop Borrowing from its Pension Funds
February 25, 2015
Governor Andrew Cuomo’s Executive Budget for FY2016 proposes to borrow an additional $1.8 billion from public employee pension funds in coming years. This proposal adds to taxpayers’ long-run costs and risks weakening the fiscal condition of the funds.
Blog
Pensions & Benefits
A Budget Proposal That Seems Fiscally Responsible, But Doesn’t Tackle the True Problem
February 22, 2018
It's time to eliminate the expensive and risky benefits provided by the TDA.
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
Public Workforce
A Premium Option
School Districts Can Save $850 Million By Following the State’s Lead on Health Insurance
February 22, 2021
In response to New York State’s fiscal year 2022 budget gap, the executive budget calls for a change to the composition of school funding.
Blog
Public Workforce
Why Spend to Save?
Early Retirement Incentives Save Less than Attrition
January 28, 2021
ERIs are a more costly workforce reduction strategy than attrition or layoffs.
Blog
Education
Fringe Benefits Pushed New York Education Spending Higher in 2013
June 22, 2015
High levels of school spending in NY largely reflected the relatively high cost of employee compensation.
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
State Budget
Pass Governor’s Proposal to Reform State Retiree Health Insurance Benefits
March 13, 2016
State of New York retirees with more than 10 years of service receive health insurance benefits substantially more generous than those offered by private sector and most public sector employers. Governor Andrew Cuomo’s Executive Budget for FY2017 includes a fair proposal to reduce these growing costs, and the Legislature should adopt it.
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.
Blog
City Budget
Unnecessary Increase
Despite 18,000 Vacancies, NYC FY 2023 Executive Budget Adds 3,000 New Positions
May 04, 2022
Rather than add positions, the City should redistribute available vacancies across departments, within agencies, or across agencies.
Blog
Pensions & Benefits
Bitter Truth
Many Benefit Sweeteners Lack Required Fiscal Estimates
June 06, 2018
To date the New York State Legislature has introduced 138 bills in this session that enhance the benefits of state and local public employees. How much these bills could cost taxpayers is unknown.
Blog
Pensions & Benefits
2019 Benefit Sweetener Scorecard
New York State Bill Tracker
May 01, 2019
For the remaining seven weeks of the legislative session, members will propose to enhance the benefits of State and local public employees and retirees.
Blog
Pensions & Benefits
Governor Cuomo Should Veto 19 Benefit Sweetener Bills
2019 Benefit Sweetener Scorecard Update
July 12, 2019
The bills would enhance benefits without providing enhanced services to taxpayers or offsetting savings.
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
Pensions & Benefits
Four Egregious Benefit Enhancement Bills
2018 Benefit Sweetener Scorecard Update
May 18, 2018
The 135 active bills identified on the Citizens Budget Commission’s 2018 Benefit Sweetener Scorecard this session could cost the State and local governments at least $428 million.
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."