LIRR Pension Fraud Could Happen Again

Aug 05, 2014
Last week, as the MTA board approved a budget that funded a generous contract for LIRR workers, the GAO released a report indicating the federal agency administering disability pensions for those workers had not done enough to prevent a repeat of a widespread fraud scheme by LIRR employees uncovered in 2008.

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.

Statement on Commissioner Linn’s Response to CBC Letter on NYC Health Agreement With the Municipal Labor Committee

Jun 10, 2014

The CBC appreciates receiving Commissioner Linn’s response to CBC President Carol Kellermann’s letter of June 6, 2014 relating to potential savings from worker and retiree health insurance reforms under the recent agreement with the Municipal Labor Committee.

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.

The Ongoing Challenge of Producing a $2 Billion Surplus: An Update

Jan 23, 2014
On January 21 Governor Andrew Cuomo presented a $142.1 billion fiscal year 2015 Executive Budget. One of its the most anticipated features – previewed at the State of the State address two weeks ago – was a projected $2 billion annual surplus beginning in fiscal year 2016-17. This surplus is achieved only if growth in state operating fund spending (total spending excluding capital funds and federal aid) is held at 2 percent or less.

The Challenge of Producing a $2 Billion Surplus

Jan 17, 2014
Governor Cuomo has stated the $2 billion in tax cuts he proposed in his State of the State address on January 8 can be paid for with surplus funds that will become available in fiscal year 2016-17 if State Operating Funds disbursements can be held to an annual growth rate of no more than 2 percent and receipts grow as projected. With school aid and Medicaid – the two largest items in the state budget – growing at annual rates at or above 4 percent under separate statutory caps, all other categories of spending, including agency operations, will face offsetting reductions to the plan if the net increase in overall state spending is to be kept to 2 percent.
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