They were calling out numbers at the New York City Employees Retirement System offices Thursday, and although they weren’t giving out winning Mega Millions tickets, many will be set for life.
Pension reform was signed into law Friday in Albany. The landmark legislation changes future government workers’ retirement benefits and saves the state billions.
Governor Andrew Cuomo and legislative leaders are expected to finalize a deal Wednesday night to settle four of the thorniest and high-profile issues at the state capital.
The intense battle raging in Albany to reform public worker pensions was joined Tuesday by Mayor Michael Bloomberg and a bipartisan coalition of local officials who say pensions are choking their budgets and must be slashed.
The nation’s financial downturn left many states in such a precarious position that they were forced this year to make tough decisions on expensive but long-untouchable public employee benefits.
New Jersey Gov. Chris Christie says a deal to reform public employee benefits is his greatest accomplishment since taking office in 2010.
Much like Felix and Oscar of “Odd Couple” fame, Republican New Jersey Gov. Chris Christie and Democratic state Senate President Stephen Sweeney are learning to live together and breaking some china in the process.
New Jersey Governor Chris Christie received an unusually warm reception at a town hall meeting Wednesday — warm enough to make him blush.
Public employees who challenged a requirement to start paying toward their health insurance have lost a round in court.
New Jersey Governor Chris Christie outlined his accomplishments and his future agenda in his first state of the state address on Tuesday.