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Letter
Pensions & Benefits
CBC Urges Veto of 18 Benefit Sweeteners
A Letter to the Governor
October 18, 2019
The Governor should veto all 18 bills and send a strong message that past reforms will not be overturned.
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
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.
Report
Public Workforce
Reform at the Bargaining Table
Labor’s Participation Needed to Improve the MTA’s Financial Outlook
April 30, 2019
The MTA's fiscal outlook is dire, and improving it requires a multipronged approach. Paramount in the effort is slowing the growth of labor costs.
Op Ed
State Budget
More Bang For NY's Buck
December 27, 2011
As Governor Cuomo prepares his executive budget, he should seek structral changes that slow down the state's most potent cost-drivers (pensions, school aid and Medicaid), halt additional economic development spending and steer clear of budget tricks. Senior Research Associate Tammy Gamerman pens an op-ed for the New York Post.
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.
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.
Video
Pensions & Benefits
Robert Steel, NYC Deputy Mayor
CBC Breakfast Series
August 31, 2011
CBC Breakfast with NYC Deputy Mayor Bob Steel in August 2011.
Blog
Pensions & Benefits
Another Promising Sign
July 12, 2011
The Citizen Budget Commission congratulates Governor Andrew Cuomo on his veto of A6309/S4067, the bill that proposed allowing school districts to borrow over $1 billion for pension costs.
Letter
Pensions & Benefits
CBC Urges the Governor to Veto a School District Borrowing Bill
July 11, 2011
CBC sent a letter to Governor Cuomo urging him to veto A6309/S4067, the bill that would allow school districts to borrow an amount equal to 125% of their required 2011 pension contributions and to repay them over 15 years.
Blog
City Budget
New York City’s Adopted Budget: Missed Opportunities
July 05, 2011
In adopting the FY2012 budget, City leaders missed the opportunity to address the big-ticket items – health insurance, pensions and debt service – whose unchecked growth will continue to dominate the budget and result in service reductions and layoffs.
Letter
Pensions & Benefits
CBC Commends State Legislators' Vote Against School District Borrowing
June 29, 2011
CBC sent a letter of commendation to the State Legislators who voted against school district borrowing for pension contributions (A6309/S4067).
Op Ed
State Budget
Improving New York's Fiscal Report Card Further
June 27, 2011
CBC President Carol Kellermann pens an op-ed congratulating the Governor and State Legislature on a productive session, but says more needs to be done on fiscal matters.
Letter
Pensions & Benefits
CBC Inquiry About the Health Insurance Premium Stabilization Fund
June 27, 2011
CBC Letter to Comptroller John Liu asking three questions about the Health Insurance Stabilization Fund (HISF) and calling for an audit.
Blog
Pensions & Benefits
Possible City Savings From Health Insurance Changes
June 19, 2011
Following the template provided by Governor Cuomo and the CSEA can produce $1.4 billion in savings for New York City in fiscal year 2012 – more than enough to avert layoffs and other cuts.
Op Ed
Pensions & Benefits
Pension Proposal: A Fiscal Remedy for New York
June 16, 2011
CBC President Carol Kellermann explains the need for pension reform in New York and why Governor Cuomo’s plan puts the State and the City on the road to good fiscal health.
Blog
Pensions & Benefits
The Case Against Tapping the Health Insurance Premium Stabilization Fund
June 14, 2011
Diverting money from the Health Insurance Premium Stabilization Fund may seem harmless, but it is a fiscal gimmick that only postpones the tough decisions needed to address the underlying causes of the City’s financial predicament.
Op Ed
Pensions & Benefits
NYC's Choice
June 05, 2011
Amid its budget crisis, the city is on track to lay off teachers, close fire companies, cut social services and impose other sacrifices. Yet such reductions could be avoided if the city reformed its unusually costly commitments for retiree health insurance and brought them in line with those of other public-sector employers.