Five Benefit Sweeteners Pass in State Legislature

Jun 20, 2014
Five bills on CBC’s Benefit Sweetener Scorecard have passed both houses of the State Legislature. These bills are highlighted in red on the Scorecard.

Benefit Sweeteners on the Move in State Legislature

Jun 16, 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.

An Expensive Pension Enhancement Bill is on the Move

Jun 09, 2014
A bill moving swiftly through the Legislature would reverse recent pension reforms and greatly increase New York City’s pension fund contribution costs. The bill, A9594/S7326, would increase disability pension benefits for police officers hired after July 1, 2009, when a more financially sustainable “Tier III” plan went into effect.

Letter to Mayor on Bill That Would Reverse Pension Reforms

Jun 09, 2014

A bill moving swiftly through the State Legislature would reverse recent pension reforms and greatly increase New York City’s required future pension fund contributions. The bill, A9594/S7326, would enrich disability pensions for police officers hired after July 1, 2009 under a “Tier III” plan.

Benefit Sweetener Scorecard 2014

May 12, 2014
Now that New York State’s fiscal year 2015 budget has been adopted the legislature is moving on to other business. Bills that “sweeten” or enrich public employee pensions and benefits are typically taken up during the last weeks of session. To help curb this costly activity CBC publishes an annual Benefit Sweetener Scorecard.

Remaining the World's Most Competitive City

Jun 19, 2013

A study released earlier this month by The Economist Intelligence Unit held good news for New York City, which ranked first among 120 global cities based on ability to attract capital, businesses and talent. But the competition is fierce, and is not limited to international megacities like London, Singapore, Hong Kong, and Tokyo.

A Busy Day in Albany

Feb 20, 2013
On February 13th, lawmakers in the New York State Assembly had a busy day: they introduced eight bills enhancing the pension benefits of public employees and retirees. These bills would add at least $1.35 billion in costs to State and local employers.

NY's People Strengths Need Constant Work

Feb 10, 2013

Human capital is a hot topic. Thriving in the information economy requires a highly skilled workforce with specialized expertise and an ability to innovate. Attracting such a workforce is essential to New York's ability to retain strength in core industries and cultivate emerging ones.

Competitiveness Scorecard: Assessing NYC's Competitiveness as a Home for Human Capital

Feb 07, 2013

The future econonomic prosperity of the New York City metropolitan area depends on attracting and retaining a highly-educated workforce. In coming years, economic growth will be driven by industries that require highly-skilled workers with specialized knowldge, technical expertise and an ability to innovate.

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