NOVEL THINKING

Mr. de Blasio has sought authority from Albany to take on debt for operating costs, though state legislators have seemed reluctant to grant it. Then, there are the double dippers who get elected, retire, and then get re-elected. Public schools (67,231) – The highest K-12 retirement pension was earned by a former principal from an elementary school in Queens, Anne Bussel ($535,385). Mayor Bill de Blasio said his administration was now looking for another $1 billion in savings. Look out below: Horrifying pic shows snake eel burst out of bird's stomach in midair. Highly compensated leaders include Stephen Acquario (New York State Association of Counties – $258,743); Timothy Kremer (NYS School Boards Association — $258,259); and Gerald Geist (NYS Association of Towns – $210,253). NYSLRS, which comprises the Employees’ Retirement System (ERS) and the Police and Fire Retirement System (PFRS), had 673,336 members as of Nov 07, 2020.Our members are State government, local government and school district employees from across New York, including 637,746 in ERS and 35,590 in PFRS.

Copyright 2020 Scripps Media, Inc. All rights reserved. Pandemic May Force New York City to Lay Off 22,000 Workers “We are running out of options here,” Mayor Bill de Blasio said, referring to the economic impact of the outbreak. Across New York state (98,848) – We found 302 employees of the Division of State Police out-earned the governor and made up to $252,921 in salary, overtime, and other pay. Thanks for contacting us. Local news reported that twenty-one current reps and state senators double dip the system and collect a salary and a pension at the same time in their same position. 64,033, © 2020 NYP Holdings, Inc. All Rights Reserved However, we found 25 Clarkstown employees made more than $232,821 in 2018, the latest year available. Before the COVID-19 crisis, New York state government was facing its biggest budget shortfall in a decade. If things get worse, the furloughs will become layoffs. I wouldn’t necessarily believe it – there hasn’t been a real buyout offered since, probably, 1995-1996 (the one in 2010 was only offered to select agencies). Now he leads the Municipal Labor Committee, a coalition of about 110 city unions. ET Layoffs Still Possible As New York City Furloughs 9,000 Employees. Our auditors at OpentheBooks.com found plumbers in New York City making $285,000 per year; police officers at the Port Authority of New York-New Jersey earning $423,467; Long Island school superintendents making up to $547,049; and a 93-year old college professor retired on a $561,754 pension. The revenue from that proposal was supposed to support the M.T.A.’s modernization plan, too. These associations are organized as “non-profits,” yet funded by taxpayers – and their pensions are guaranteed by taxpayers. In 2019, the city spent its entire income tax collection (and more) on its six-figure salaried workforce ($14.5 billion). Years of disinvestment after the 2008 recession plunged the system into such disrepair that Gov. New York’s budget deficit ballooned from $6 billion to $13 billion while the Empire State was the epicenter of the coronavirus pandemic. Private associations and nonprofit organizations have gamed the public pension system for personal gain. House Speaker Nancy Pelosi would be happy to oblige.

It will likely take three to four years to “bring everything back to the level it should be,” he added. The agency projects that it is facing a $10 billion deficit over the next two years. (Photo by Spencer Platt/Getty Images). She recently helped pass the HEROES Act in the House which would provide $500 billion in state aid. One labor insider told The Post Monday union leaders were ticked off at de Blasio for threatening layoffs while they’ve been lobbying the governor and state lawmakers since June to get authorization for the loan. “The simple fact is that the capital program of the M.T.A. The M.T.A.’s sweeping capital program, the largest in the transit agency’s history, was hailed as a much-needed transformation of the century-old system after years of disinvestment had plunged it into disrepair. De Blasio said the city's unemployment system collapsed following a rise in claims. The last resort is something the city hopes would not happen since it is “taking away the jobs of city workers who we depend on and their families depend on them for their livelihood,” according to de Blasio. He has been in talks with City Hall for more than a month to find savings and said the timing of Mr. de Blasio’s announcement on Wednesday was unhelpful. After the federal government failed to provide another stimulus to help cities struggling from the pandemic, de Blasio turned to Albany to pass a measure that would let New York City borrow $5 billion. Bryan R. Smith/Agence France-Presse — Getty Images. “This is not hyperbole: The M.T.A.’s projected losses are catastrophic,” said Rachael Fauss, a senior research analyst at Reinvent Albany, a watchdog group. New York City government job cuts announced in August will now see 9,000 employees temporarily laid off starting October thanks to a budget shortfall.

That includes an expansion of nearly 30,000 during Mr. de Blasio’s administration, said Andrew Rein, the commission’s president.

“But we are forced to make these difficult decisions as we face a massive budget shortfall with no help in sight.”, Peacekeeping Force Says 8 Killed in Egypt Helicopter Crash, ‘We Can’t Be Beaten,’ Says Leader of Rebel Ethiopian Region. © 2020 Forbes Media LLC. ", Double Dipping Members of the General Assembly. Adam Andrzejewski (say: And-G-F-ski) is the CEO/Founder of OpenTheBooks.com. The city might offer an early buyout for employees almost ready for retirement. ", "If you're going to keep cutting and keep cutting, it has to at some point reach personnel. He also argued that the city could find labor savings in ways that do not entail layoffs, including by operating more efficiently and consolidating union welfare funds. All managerial and non-represented employees must take five furlough days from Oct. 1 through March. By Julia Marsh, Bernadette Hogan and Carl Campanile, August 31, 2020 | 10:34am | Updated August 31, 2020 | 3:37pm. Volunteers reveal how they felt after taking Pfizer's COVID-19 vaccine, Biden's popular vote lead over Trump grows to more than 5 million, Celebrity pastor Carl Lentz's alleged lover tells all: 'I was a drug to him'. Our mission: “Every Dime, Online, In Real Time.” We've built the world's largest database of. It's just pure logic of budgets, and it's very sad logic. While criminal justice advocates have called for a $1 billion cut to the New York Police Department’s budget, they would like to see that funding distributed elsewhere, not eliminated from the budget entirely. Updated September 25, 2020 08:11 p.m. Hospital horror: Nurse charged in murder of eight babies, ‘RHOSLC’ star Whitney Rose’s craziest beauty treatment was a worm facial, Former ‘RHONY’ star Carole Radziwill reveals Bravo beauty secrets, What to know about Daniela Rajic’s stunning engagement ring from Paul George, Usher posts first photo of newborn daughter Sovereign, ‘RHOC’ star Emily Simpson flaunts 30-pound weight loss, Alton Brown apologizes for ‘poor taste’ tweet about the Holocaust, © 2020 NYP Holdings, Inc. All Rights Reserved, COVID-19 'war games': The computer program that could help save your job, WarnerMedia begins 'painful' but 'critical' wave of layoffs, Disneyland to furlough more staff and execs as COVID-19 cases surge, Bob Ley rips into ESPN after it lays off 300 employees, NYC restaurants are bracing for street chaos on Election Day, How the coronavirus pandemic has changed NYC for the better, 25 best early Black Friday 2020 deals you can already shop, Fenty Beauty highlighters discounted 25 percent for flash sale, The 37 cutest face masks available online for covering up in style, Nike takes 20 percent off sneakers, apparel and more for exclusive sale, Walmart's Early Black Friday TV & Streaming Deals, Monkey thief nearly steals man's birth certificate, New podcaster Megyn Kelly and CNN's Chris Cuomo trade jabs on Twitter. “Momentary cuts in investments — especially in an old system that needs state of good repair investment — have dramatic long-term consequences,” Mr. Lieber said. As a stopgap measure to ensure trains continued to run, New York lawmakers allowed the M.T.A. Pandemic May Force New York City to Lay Off 22,000 Workers. Incredibly, those salaries ranged from $444,332 to $514,934. Do not reproduce without permission.

“I know this is difficult news for the dedicated public servants of our city,” de Blasio said. The unions have also asked Gov. "The overwhelming cost of local government is personnel," he said Wednesday, adding that there won't be any police job cuts. The 150 Forbes online columns have 10+ million page views. In 2018, 10 employees of Ramapo made more than $233,784. “We need to find savings,” and the “blunt truth” is that the city “is running out of options,” the mayor said. I don't like it one bit, and I want to avert this at all costs.

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