More than 6,000 elementary and middle school educators will receive bonuses totaling $19.7 million for improving student achievement in their schools, it was announced Sept. 18. Teachers at 89 high-need schools who met performance targets under a 2007 pilot program, as well as Principals at 262 schools, were eligible for the bonuses. More...
The tentative contract deal with Teamsters Local 237 that Mayor Bloomberg predicted would serve as a pattern for other civilian-employee unions drew a mixed reaction from officials at those unions, some of whom had hoped the fringe-benefit gains would equal those granted to the two largest police unions. More...
City Comptroller William C. Thompson, Jr. Sept. 17 reassured city employees that their pension funds were safe despite investments in all three companies — Lehman Brothers, Merrill Lynch and AIG — whose massive fiscal woes last week caused devastating losses on Wall Street. More...
Harry Nespoli had no sooner been elevated to serve as chairman of the Municipal Labor Committee than he outlined a possible new task for the job: to assist other union leaders in moving their wage contract talks to conclusion. More...
When 1-line Conductor John Ferretti found a posting at the Van Cortlandt terminal in The Bronx signed by Transport Workers Union Local 100 Conductor Division Chair William Wyatt stating that Mr. Ferretti had wrongly been telling workers he was a shop steward, he assumed it was a case of retribution. More...
Given the city's dependence on the financial services industry for tax revenue, there was something remarkable about the fact that the upheaval on Wall Street during the past week or so did not have a dramatic ripple effect on city government. More...
Mitch Feder has this annoying habit of standing up when he thinks he's right. What is particularly exasperating to those he's antagonized — his superiors at the Housing Authority and at the Civil Service Technical Guild — is that to remove him from their windshields, they've been forced to take actions which are embarrassing or hypocritical, or both. More...
To the Editor: The New York City Employees Retirement System is in a very serious financial situation. As of June 12, NYCERS had lost $3.3 billion in 2008. As of yet, NYCERS has not publicly reported its June 30, 2008 closing balance. June was such a terrible month for stocks that final loss for fiscal year 2008 will be at least $4 billion. That is a 9. More...
Q.: I am a retired participant of the Teachers' Retirement System of the City of New York. I have $650,000 in the TRS 403(b) Plan. For the past 10 years my entire 403(b) account has been earning 8. More...
Starting Pay Expected To Rise to $40,360, Top Pay to $73,546; Ongoing Exams Given; Need 60 College Credits Or Military Service
The NYPD is looking to hire thousands of Police Officers at a starting salary that would become $40,360 later this week if a tentative Patrolmen's Benevolent Association contract is ratified. If that deal is approved, maximum pay would become $73,546 after 5-1/2 years. Applications are accepted continuously, and there is no filing fee. More...
First-Line Supervisors, First-Rate Heroic Acts; SBA Honors Its Own