Pension

The office of Dr. Peter Lesniewski, who was charged in October 2011 in the alleged LIRR disability scheme. (credit: CBS 2 | Inset: File Photo)

Report: Over Half Of LIRR Retirees In ’10 Claimed Disability

Federal prosecutors charged 11 people on Thursday with conspiracy in a decade-long fraud that authorities say poisoned the pension system used by employees of the nation’s largest commuter railroad.

10/29/2011

Officials lead suspects in the LIRR pension scam away in handcuffs. (credit: CBS 2)

11 Charged Over Alleged LIRR Pension Scheme That Cost Taxpayers Hundreds Of Millions

The arrests wrap up an investigation that’s been cooking for years. At issue: How – and why – could more than 90 percent of LIRR employees who sought a disability pension get one?

10/27/2011

Striking Verizon workers rally - New York, NY - Aug 8, 2011 (credit: AP Photo/Mark Lennihan)

Striking Verizon Workers Hold Candlelight Vigil Outside CEO’s NJ Home

They carried American flags and chanted “What’s disgusting? Union busting” outside Lowell McAdam’s Mendham residence. Police say the protest was peaceful and without incident.

08/18/2011

NJ State Senate President Stephen Sweeney (file / credit: New Jersey Senate Democrats)

WCBS 880 Interview: NJ St. Sen. Pres. Stephen Sweeney Talks Politics, Credit, And More

Gov. Chris Christie has been getting all the attention for signing that pension reform law in New Jersey that forces state workers to contribute a lot more for their health coverage and retirement.

06/29/2011

NJ Gov. Chris Christie (credit: Jessica Kourkounis/Getty Images)

Gov. Chris Christie Signs NJ Public Employees Benefits Bill

New Jersey Gov. Chris Christie has signed landmark employee benefits legislation requiring a half-million public workers to pay more for pension and health benefits.

06/28/2011

Gov. Chris Christie (credit: Jessica Kourkounis/Getty Images)

NJ Public Workers Pension Contributions Bill Heads To Senate Monday

Since the New Jersey Assembly approved the employee benefits bill and the supplemental measure Thursday, it’s now up to the Democrat-controlled Senate to cross the last “T” before sending the legislation to Governor Chris Christie.

06/26/2011

New Jersey Statehouse - Trenton, NJ - File Photo

NJ Assembly OKs Bill Hiking Costs For Pension And Health Benefits

The divisive bill passed 46-32 with support from all Republicans who were present and a smattering of Democrats.

06/23/2011

Governor Chris Christie  (Governor's Office/Tim Larsen)

Gov. Christie Holds Town Hall As Legislators Grapple With Budget, Public Worker Pensions

New Jersey Gov. Chris Christie heads to North Jersey to hold his 20th town hall of the year as big issues loom at the Statehouse. Wednesday’s town hall event is being held at the Fair Lawn Community Center.

06/22/2011

Ginger Adamson, of Orange, N.J., is seen supporting the American Federation of State, County and Municipal Employees Local 2211 as public employee unions protest near the New Jersey Statehouse in a rally against pension and health care legislation that went before the Assembly Budget Committee, Monday, June 20, 2011 in Trenton, N.J. (credit: Julio Cortez/AP)

New Jersey Senate Passes Benefits Bill In 24-15 Vote

The New Jersey Senate has passed a bill requiring sharply higher contributions for pensions and health benefits from public workers while suspending unions’ ability to bargain over health care.

06/20/2011

New Jersey State House - Trenton, NJ - File Photo

NJ Senate Committee Passes Bill To Increase Public Workers’ Contribution To Pensions

A bill requiring 500,000 public workers in New Jersey to shoulder a significantly larger share of the costs for their health care and pension benefits and take the issue off the bargaining table has advanced over staunch objections from organized labor.

06/17/2011

Macy's Herald Square (credit: Kristin&Joe via Flickr.com)

Macy’s Workers, Union Reach Tentative Agreement

Macy’s and the union representing workers at its flagship Manhattan store and three other New York locations have reached a tentative contract agreement following all-night negotiations.

06/16/2011

New York Gov. Andrew Cuomo (credit: Mike Groll/AP)

Cuomo Outlines Pension Reform Plan At Hofstra

Gov. Andrew Cuomo confirmed he will propose a new, less generous pension system for future state, local and school employees that is designed to save taxpayers $93 billion over 30 years.

05/16/2011

Union rally in Trenton on March 3, 2011 (Photo/Marla Diamond)

NJ Police, Firefighters Protest Staff Cuts Outside Statehouse

Organizers said up to 10,000 were expected to protest staff cuts and promote public safety. They said budget cuts and layoffs have thinned their ranks to unsafe levels.

03/03/2011

Union Rally In Trenton on Feb. 25, 2011 (credit: Marla Diamond/WCBS 880)

NJ Unions Rally At Statehouse For Wisconsin Public Workers

Wisconsin state workers protesting a move to severely curtail their collective bargaining rights have found allies in New Jersey.

02/25/2011

City Hall - New York, NY - Oct 23, 2008 - Photo: Spencer Platt/Getty Images

Mayor Bloomberg Proposes Cutting Pensions

Future city police and firefighters could not boost their pensions by working overtime in their last years on the job under cuts proposed by the Bloomberg administration.

02/03/2011

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