More On Pensions & Benefits
Search Within This Topic
Showing 1 - 6 of 6
Press Mention
Pensions & Benefits
DiNapoli: State pension fund value drops $16B because of virus
Newsday
July 30, 2020
The state’s retirement benefits are well-funded, agreed David Friedfel, director of state studies for the independent Citizens Budget Commission. But he noted that health benefits for retirees aren’t fully funded and the state has a future liability of $65 billion, Friedfel said.“During the state’s current financial problems, the state must maintain the positive standing of the retirement system and avoid any fiscal maneuvers or payment delays that could undermine the state retirement system’s finances,” Friedfel said.
Press Mention
Pensions & Benefits
Call for Vetoes as 'Benefit Sweeteners' Head to Governor's Desk
June 30, 2017
CBC is calling for scrutiny of 26 bills that it calls “benefit sweeteners,” enhancements of public benefits that it estimates will cost state and local governments at least $34 million by the end of fiscal year 2018.
Press Mention
Pensions & Benefits
Taxpayers Will Foot the Multi-Million Dollar Bill to Make up for the Citys Sagging Pension Funds
NY1
December 07, 2016
The City is will send hundreds of millions of dollars to the pension fund after it has not met expected returns of 7% two years in-a-row.
Video
Pensions & Benefits
Cuomo Wants to Roll Back Part of Pension Reform for Police, Firefighters
NY1
May 15, 2015
When it comes to police and firefighters, Governor Andrew Cuomo wants to roll back part of the pension reform he helped push through the state legislature in 2012.
Video
Pensions & Benefits
Deputy Mayor Caswell Holloway
CBC Breakfast Series
April 17, 2013
CBC Breakfast with NYC Deputy Mayor Caswell Holloway in April 2013.
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.