Mayor Bloomberg Jan. 31 announced that a large portion of the city’s $3.3 billion surplus this year will be used “as a down payment” to cover future health care costs for retired municipal workers. More...
Transport Workers’ Union Local 100 executive board members voted overwhelmingly Jan. 31 to return to the bargaining table with the Metropolitan Transportation Authority as the next step in the union’s ongoing effort to get a contract. This was the first executive board meeting held since members vot More...
The Detectives’ Endowment Association has reached a new extended tentative agreement with the Bloomberg administration that further cuts benefits for newly promoted officers to finance various sweeteners for incumbent Detectives following the membership’s rejection of a contract in December. More...
Rangers and other Forest Service employees working for the U.S. Department of Agriculture are heading to Congress this week in an attempt to stymie an ongoing privatization push by the Bush Administration. More...
A Brooklyn jury Feb. 2 convicted Marlon Legere of first-degree murder for killing two veteran police detectives who were responding to a domestic violence call outside his mother’s home in East Flatbush. More...
You might think that a Federal administration that squandered a huge budget surplus and is now swimming in record deficits would become more cautious about spending money on dubious projects. More...
Figuratively as well as literally, Mayor Bloomberg’s noontime budget presentation Jan. 31 and President Bush’s “State of the Union” address that evening were like day and night. More...
To the Editor: There is a little-known fact about pension expenses at the New York City Employees’ Retirement System. Over the 10-year period from fiscal year 1995 to 2004, members of NYCERS contributed $2.7 billion into their pension system, while the city and the authorities paid in only $1.9 bil More...
Last week’s column dealt with why a Defined Contribution retirement plan — under which benefits are determined by set contributions from both employers and employees — is often more advantageous to the employee than a Defined Benefit plan, under which an employee who remains with a single employer r More...
UFOA Protests Using Chiefs In EMS Capacity