Just as there are several different tiers for NYS executive branch employees, there are also different retirement plans. To help with deciding the best time for you to retire, this video describes the different plans and explains the impact of service credit and age on your pension calculation.
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Norman Poltenson, publisher of The Central New York Business Journal, discusses the coming fiscal iceberg New York State faces from government employee retiree benefits.
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NYS-- The Civil Service Employees Association is New York State’s leading union, representing employees of New York State and its counties, towns, villages, school districts, library systems, authorities and public corporations. Together with a growing population of private sector members and retirees, CSEA forms a union 300,000 strong. It is also the largest affiliate (Local 1000) of the American Federation of State, County and Municipal Employees (AFSCME) which, in turn, is one of the largest affiliates of the AFL-CIO. CSEA Western Region Communications, ©2016.
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Interview with Fran Turner, Legislative and Political Director for CSEA
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As a member of the California School Employees Association, you can enjoy benefits that will save you money and help you achieve personal and professional success. Find out more by watching this video and then go to the CSEA web site at www.csea.com to learn more about member benefits.
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ALBANY -- One of New York's biggest public employees unions is fighting back against this year's layoffs at the NYS Thruway Authority. CSEA is filing federal lawsuits against the Thruway Authority and Canal Corporation, claiming the layoffs were unconstitutional. CSEA claims that the layoffs were threatened during contract negotiations, and then carried out to punish union workers. Management employees and political appointees were spared from layoffs. We have a call in to the Thruway Authority seeking reaction.Tune into the CBS6 News at Noon for the latest on this developing news.
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State Controller John Chiang, Assemblyman Michael Allen, and San Jose Mayor Chuck Reed discuss high—and growing—pension debt in California, how it will affect the state's future, and what can be done about it at the state and local levels. Moderating is Mark Baldassare, president and CEO of the Public Policy Institute of California.
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ALBANY, N.Y. (AP) -- The Empire Center says the latest public data show more than 2,900 state and local government retirees in New York are collecting pensions topping $100,000. The fiscally conservative think tank says data from the public retirement system's 2015 fiscal year, which ended in March, shows that total rose by about 200 retirees from a year earlier. Most -- nearly 1,800 -- are retired police officers and firefighters. According to the center, 10 public pensioners are collecting more than $200,000 yearly. The largest retirement benefit for the sixth straight year went to George M. Philip, former executive director of the state Teachers' Retirement System and former president of SUNY Albany. Philip's pension benefit last year was $261,649. -------- Online: http://seethroughny.net/pensions
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The Preparing for Retirement 7-part video series discusses the main aspects of retirement planning to help NYSLRS members nearing retirement make good, informed decisions for the future. In Part One -- Information is the Key, you'll take a walk through the NYSLRS website, learning about the different publications and retirement planning tools available to you. As you'll see in the video, knowing where to find retirement information is just the first step in preparing for retirement. Important Links for Retirement Planning NYSLRS Home Page - http://www.osc.state.ny.us/retire/ NYSLRS Publications Page - http://www.osc.state.ny.us/retire/publications/index.php How Do I Prepare to Retire? - http://www.osc.state.ny.us/retire/publications/vo1709.php Why Should I Designate a Beneficiary? - http://www.osc.state.ny.us/retire/publications/vo1706.php 5 Steps for Retirement Planning - http://www.osc.state.ny.us/retire/planning/index.php Benefit Projection Calculator - http://www.osc.state.ny.us/retire/members/projecting-your-pension.php
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8/7/14 Correction to video: We misstated the company name for interviewee Thurman White. Thurman White is from Progress Investment Management Co., not Program Investment Management Co. The New York State Common Retirement Fund (the Fund) can owe much of its high performance to its investment strategy, but another lesser-known investment approach that helps the Fund is its Emerging Manager Program. This program gives newer and smaller investment managers – people or firms who make investments on behalf of clients – the opportunity to invest for the Fund. And as you’ll see in this video, The Fund’s emerging managers deliver solid results.
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March 16, 2012: Governor Andrew M. Cuomo, joined by Mayor Bloomberg and elected officials from across New York State, signed into law sweeping pension reform legislation that will save state and local governments, including New York City, more than $80 billion over the next 30 years.
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(This video was originally published on May 21, 2014. The video was updated on 6/1/16 to include 2016 loan reduction amounts.) The Preparing for Retirement 7-part video series discusses the main aspects of retirement planning to help NYSLRS members nearing retirement make good, informed decisions for the future. In Part Two -- Repaying Your Retirement System Loans, you'll learn how having an outstanding NYSLRS loan balance at retirement can impact your pension benefit. As you'll see in the following video, it's crucial to repay any NYSLRS loans you may have before you file for retirement. Important Links for Retirement Planning NYSLRS Home Page - http://www.osc.state.ny.us/retire/ Loans: Getting One and Paying it Back - http://www.osc.state.ny.us/retire/members/loans.php Retirement Planning Tips (from Life Changes: How Do I Prepare to Retire?) - http://www.osc.state.ny.us/retire/publications/vo1709.php#planning A Checklist for Those Nearing Retirement - http://www.osc.state.ny.us/retire/planning/pre-retirement_checklist.php Find Your NYSLRS Retirement Plan - http://www.osc.state.ny.us/retire/publications/index.php
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Please Take Action Now! www.nysaflcio.org/Tier6 and call 1-877-255-9417 Retirement is often described as a three-legged stool of pensions, Social Security and savings. What happens when we knock one of those legs out with a sledgehammer? We will have more senior citizens living at or near poverty and needing assistance from the very government that made the shortsighted decision to demolish their pension. A new retirement tier would not be a panacea. Our legislators need to oppose and fight against Tier 6. Opting for inferior retirement benefits will endanger the security of their constituents and will have unanticipated costs that undermine promised savings. This is not just about future public employees. This plan will jeopardize the financial well-being of the pension system for current employees. In addition, if this plan is signed into law, private employers with defined benefit plans would follow the state's lead and seek to end their own pension plans before the ink is even dry. Our legislators in Albany need to hear from us! It only takes a minute - please spread the word to your co-workers and friends.
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Here I show how administrative hearings fraudulently concealed inside family court. I asked on March 9 2016 the criminal impersonator of a judge Sudeep Kaur if the proceedings were judicial and she answered yes, the answer is proof that fraud by misrepresentation of truth is used to deceive people to their detriment, which is consistent with definition of fraud. Child Support Modification Rules do not apply if you have evidence of a court agreement for direct payments 42 USC 666(a)(8)(ii) which is the only thing that can save anyone from the private racketeering agency child support enforcement from ordering payments taken directly from your paycheck or bank account or whatever, but New York State cannot receive its Federal Funds under 42 USC 658a Title IV-D which is 66% of every dollar paid through support collectionsfor child support unless they conspire to deprive rights that are secured without uttering a word, and yet, NYS forces anyone they can bully by completely violating your inherent rights secured by the NYS and US Constitution and has administrative Child Support Hearings inside Family Court. The purported orders without an endorsement from a judge is an administrative order and you cannot be deprived of property unless by a judgment of peers inside a court of record 28 USC 132, but it is extremely difficult to protect your property when every NYS agency, city, state payroll complies with Income Withholding Order as if it is a court order punishable by contempt of court. My pension lawyer Robert Coughlin is accepting forgeries, which makes him a conspirator to help New York State OTDA OCSE receive millions in federal funds. If this was done by a group of Italians it is called racketeering, but when it is done by judges, lawyers and legislative it is called Family Court Act and The Office of Child Support Enforcement.
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Melissa Caen reports on major losses for CalPERS pension fund and impact it could have on retirees (12-21-2016)
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Former New York State Chief Judge Jonathan Lippman myth-busts the falsehood that a NY Constitutional Convention could do anything to eliminate or reduce the pensions of public sector workers or retirees. Lippman points out that the Contract Clause of the United States Constitution (Article I, section 10, clause 1) protects the pensions of New York's public sector union workers and retirees, because their pensions are contracts and thus must be honored by the government, no matters what changes are made to the State Constitution. Lippman says, "Don’t let unfounded fears deny you the opportunity to repair and fix our state government. This November 7th, vote YES for a New York State Constitutional Convention." For more information on why pensions are safe and why the Constitutional Convention is actually an opportunity to expand union rights and protections, go to nypeoplesconvention.org
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Video produced for The Legislative Gazette by Brandon B. Quinn.
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Are you worried about your NYS pension? Governor Andrew Cuomo is giving you good reason to be. Gov. Cuomo's 2012-13 budget calls for the addition of Tier 6 to the retirement system. In addition to forcing new employees to work longer for a smaller benefit, the new tier offers a dangerous 401(k) option. How is it dangerous? New employees will have little choice BUT the 401(k) option, as the Tier 6 option is such a degraded benefit. As more employees choose to put their money into 401(k)s, less money will go into the pension system, until the fund becomes insolvent and can no longer pay out pensions. This budget stinks to high heaven-- it takes away from workers and gives one more reason for Wall Street donors to line up behind Andrew when he finally makes his move from Albany to Washington, D.C.
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Staying Ahead of the Curve: Interview with Kenny Nicolson, CSEA President and Lynn Kramer, Treasurer of Nassau Healthcare Corporation Case Study - Nassau Healthcare Deferred Compensation Plan
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Andrew Cuomo is spending taxpayer money on thinly-veiled campaign ads for himself and ignoring the fact that New York ranks dead last amongst the fifty states in economic outlook, property taxes, retirement climate and outmigration. Here's the script: Narrator: Andrew Cuomo is spending millions of our tax dollars on ads that are not true. Guess what state ranks dead last in economic outlook? Cuomo's New York. Has the highest property taxes in the nation? Cuomo's New York. Worst state to retire? Most people leaving a state? You got it, Cuomo's New York Andrew Cuomo's policies have New York last in too many categories. And no amount of taxpayer ads will change that.
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Cuomo has been trying to rid New York of its reputation as a high-tax state and has put limits on tax increases by local governments, reducing their ability to meet their often rising obligations. The smoothing policy is intended to make it easier for them to raise money without raising taxes. \n At stake is whether the $176 billion state pension fund will be able to fully meet its obligations, or instead be used as a piggy bank for municipalities who haven't budgeted or raised money well enough to meet their present obligations. Though New York's pension system is 87 percent funded, one of the best in the country, the smoothing program may undermine its future health, critics said. \n "New York has traditionally been a good state as far as funding policy goes but they have in recent years shown that they are willing to take steps backwards," said Josh McGee, a pension expert at the Laura and John Arnold Foundation, a policy group that's expressed concern about the fiscal dangers pres
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WNYLaborToday.com Editor/Publisher Tom Campbell recently had the opportunity to sit down with New York State Public Employees Federation (PEF) President Kenneth Brynien. During a wide-ranging interview, PEF President Brynien addressd a number of issues, including the exorbitant amount of outside consultants used by New York State and how money could be saved by curbing its use.
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The public employee unions are a large part of the blame when it comes to the budget crisis in many states. This article discusses how to make changes to the system to correct the problem. A large part of the process of correction is to change the retirement system. Regents of the Universities, Educators, Education, Teachers, NEA, CTA, Federal, Local Muni, Municipal, CSEA
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The union that represents 2,200 Care New England workers also called on executives there to return $4 million in compensation.
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Union members held a rally and march on the Capitol to protest the agreement between the state Legislature and Gov. Andrew Cuomo on Tier VI pension reform. The agreement was part of a larger package that allowed the Legislature to draw redistricting lines in exchange for concessions on the issues of pension reform, a gambling amendment and teacher evaluations. Video produced for The Legislative Gazette by Brandon B. Quinn, with footage shot and narration by Sean Ewart.
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Chester Town Supervisor Steve Neuhaus stood up for Orange County taxpayers before an MTA panel to register his opposition to the new "mobility tax" proposal from the Ravitch commssion. The proposed "regional mobility tax" is just a brilliant idea. A special tax just to improve regional transportation. Who's against improved regional transportation? Except that the tax money will go to pay past debts. And the new money is being collected to incur even more massive future debts with $35 billion of new borrowing. What is a sales tax for? What are state and city personal income taxes for? What are property taxes for? Obviously, none of that is for the MTA! That's why there's a new "regional mobility tax"! Why not a "regional education tax" for schools? A "regional safety tax" for police and firefighters? Problems solved! The structural imblance of government worker retirements at age 50 with free pensions and health care? Not even addressed! It's like giving the "Big Three" Detroit automakers everything they ask for, with no structural changes whatsoever to correct the problems that started the mess. "Regional taxes" will mean that New York City residents will pay TWICE. For example, no state money (collected from those old-fashioned taxes) will now go to New York City transportation projects. That transporation money will go upstate. So New Yorkers will be paying a special "Regional Mobility Tax" just for them AND the transportation costs of upstate residents through regular taxes. WHAT A DEAL! Oh, and the subway fare will still be going up. Like a bad magazine subscription, fare increases will automatically renew at the inflation rate (no public hearings required). Oh, and subway maintenance will still be cut back. Oh, and unless that $35 billion of new borrowing comes through, you're going to love that permanent hole in the ground on Second Avenue. Oh, and the free bridges that the MTA doesn't even own are going to be tolled-up. Expect wrap-ads for the "Subway "Eat Fresh" Brooklyn Bridge" sometime soon. The whole Ravitch report was only 19 pages long. Larry Littlefield's analysis has been spot-on. It's a tax + borrow + pass the buck (for only five years) report. An MTA hack could have written the whole thing in a weekend. What should have been done? Bankruptcy! Instead, New Yorkers got a "Well, you can't afford this house in the long run, but let's patch up the leaky roof for today" report. It's throwing good money after bad. Bankruptcy and reorganization would have (eventually) resulted in a financially sound system going forward. The same thing awaits the "Big Three" automakers. One bailout after another after another ain't gonna work. It's like putting a finger in a dyke to hold back the flood. You have to flame out and then return, like the phoenix. Ravitch sold out New York City. Let's see if New York's politicians and newspapers do the same. LINK: http://www.nytimes.com/2008/12/05/nyregion/05transit.html?pagewanted=2&_r=1&ref=nyregion Mixed Reviews on Transit Plan (...) Although the Democrats who control the Assembly blocked the congestion pricing plan this year, Speaker Sheldon Silver, a Manhattan Democrat, expressed broad support for the commission report. (...) Kathryn S. Wylde, the president of the Partnership for New York City, a prominent business group, said that the Ravitch plan was fair and balanced and that it really does merit the support of the business community. (DOES WYLDE OBJECT TO ANY TAX?--B.P.) (...) Mr. Ravitch insisted that all the elements of the plan should be enacted together. (...) The payroll tax would go into effect in the five New York boroughs, as well as Nassau, Suffolk, Westchester, Rockland, Orange, Putnam and Dutchess Counties. (THEY'RE GONNA LOVE IT!--B.P.)
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Public employee pensions have emerged as a major issue in New York, which operates the third largest pension plan in the United States. Long Island Business Report takes an in-depth look at how public employee pensions affect Long Island taxpayers, employers and workers.
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This Informational Law Video has Been Brought to You by Jane Bilus Gould an Experienced White Plains, NY Attorney Specializing in Federal Civil Rights and Employment Discrimination Litigation and in Commercial and Real Estate Litigation. (http://gouldberglaw.com/attorneys/new-york-attorney-jane-bilus-gould/) Gould & Berg LLP focuses its practice in the areas of employment law, civil rights and commercial litigation. Our founding partners, Jane Bilus Gould and Kim Patricia Berg, assist clients in Westchester, Putnam, Dutchess, Rockland, and Orange Counties, New York City and Long Island. We recognize that this may be an emotionally and economically challenging time for you. No two clients have the exact same concerns. We consider each client’s circumstances and provide our opinion on how to best resolve your situation for the best possible outcome. Give us a call. We will talk with you about your concerns and help determine a strategy for your particular needs. 914-397-1050 (http://gouldberglaw.com/)
Просмотров: 166 Gould & Berg, LLP
Bill Corbett Jr., President and CEO of Long Island Public Relations firm Corbett Public Relations , was a guest on FIOS1's "CEO Sit Down", where he discussed tips on how to enhance your brand and improve your marketing. In this segment, Bill covers the importance of having an online video presence, and includes tips on creating an effective video, such as communicating the correct message, as well as which elements to include, and the keys to properly following-through with a client. Feel free to contact us anytime to discuss how we can grow your personal brand. Besides online video, we offer many services, including Public and Media Relations, LinkedIn Maximization, Social Media Marketing, Government affairs, special event development and promotion, and much more. For more information about Bill Corbett, or Long Island PR firm Corbett Public Relations, one of Long Island's top PR firms, please visit - http://www.corbettpr.com Follow our Social Media accounts at - https://twitter.com/wjcorbett https://www.facebook.com/CorbettPR http://corbettpr.wordpress.com/ William "Bill" Corbett, Jr., is President of Long Island PR firm Corbett Public Relations, Inc., an award-winning professional media relations, personal branding and social media marketing consulting firm based in Floral Park, New York. Bill assists businesses and entrepreneurs to grow their companies and personal brands. Many clients have been with the firm for over a decade, demonstrating that Corbett Public Relations programs and counsel are highly effective. Bill has made a name for himself in the extremely competitive world of media relations and personal branding. He is a recognized expert in the field of media relations and personal branding and frequently writes articles and is interviewed by the media on this topic. He provides hundreds of tips and other free advice to small business owners and entrepreneurs through his Twitter account, @wjcorbett, his Facebook Fan Page, Corbett PR, his blog Grow Your Personal Brand and through his Grow Your Personal Brand Linked In Group. Bill also lectures and gives seminars on personal branding, media relations, community affairs, green marketing and crisis communications. Bill has been recognized for his leadership in media relations and social media marketing by Newsday and Long Island Business News. Corbett Public Relations represents companies from all sectors and each client is either a leader or emerging leader in their respective business sector. The firm's well-known clients include RE/MAX of New York, New York's largest real estate sales network, Teachers Federal Credit Union, Long Island's largest credit union, Advantage Payroll Services, Long Island's largest independent payroll service provider, Sir Speedy of Westbury, one of the top locations in the franchise network, Shiro of Japan, the New York area's premiere hibachi steakhouse, and BioPosture, a leading manufacturer of memory foam mattresses and pillows. Over more than 20 years Bill has coordinated hundreds of public relations programs which have included media relations campaigns, media events, press conferences, marketing programs, social media marketing campaigns, marketing and e-marketing campaigns and business development programs for clients. Corbett Public Relations clients are consistently in the media the firm has secured hundreds of hours of television coverage for clients and thousands of articles in newspapers and magazines. Clients have been recently been featured in or on Fox Business News, Fox News Strategy Room, The New York Times, Newsday, Daily News, Newsmax Magazine, Entrepreneur, BusinessWeek Small Business, Crain's New York Business, Business LI, Long Island Business News, Long Island Pulse and Long Island Press. In addition, clients are regularly interviewed by television news programs, newspapers, news websites and radio programs from across the country. The firm also secures opportunities to provided articles to websites, blogs and trade publications. Bill is a 1989 graduate of Marist College, where he earned a B.A. in Political Science. In 1993, Bill received his Master of Science Degree in Environmental Management from Long Island University, C.W. Post Campus. For several years Bill was an adjunct professor in the field of public relations at Iona College and today frequently makes presentations to industry and business groups.
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The battle against Tier 6 is heating up. This week we saw Wall Street funded organizations and County Executives like Maggie Brooks unfairly attack Comptroller Tom DiNapoli for telling the truth about the pitfalls of the Tier 6 proposal. We can not let Wall Street funded organizations and misguided elected officials takeover this conversation -- we need to let our voices be heard. This Wednesday and Thursday, please call Governor Cuomo at 1-877-255-9417 and tell him Tier 6 affects all of us - retirees, current employees, and future workers. Tell him to stop pushing for a Tier 6.
Просмотров: 110 Voice Reporter
An impersonator representing New Jersey governor and Tea Party favorite Chris Christie joined community advocates with the "New Deal for New York" campaign at the state capitol today as they mocked Governor Cuomo for proposing tax cuts for millionaires while millions of New Yorkers are out of work and losing basic safety net programs and other public services. Advocates were blocked from entering "Fort Cuomo" while trying to deliver a message to the governor's senior aides supporting an extension of the millionaire's tax.
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Newly elected Governor Jerry Brown is warning Californians to be prepared for a "tough budget for tough times.His comments come as no surprise to those who have been warning that California has been living beyond its means since the go-go days of the dot-com boom pushed state revenues to unsustainable levels.Now, the State's $1.7 trillion economy is crippled by a severe recession and the one time budget gimmicks that have papered over the problem in the past are no longer available. Expectations are that 2011 will usher in further deep cuts to education and social services and less generous pensions, as well as a push to unload of many current state responsibilities onto local governments. As a result, the politics of the future may be fought at the local level, as the State tosses the hot potato decisions to either cut services or increase taxes to mayors and city councils. Can Gov. Brown, who has pledged to cut spending, reform pensions, give more authority to local governments and ease regulations, enact such plans in the face of reluctant Democrats and suspicious Republicans? And how will these changes impact issues important to the San Joaquin Valley like water, high speed rail and economic growth? We will discuss the Political Outlook in California for 2011—and how it is likely to impact the San Joaquin Valley—with folks from the region's leading newspapers.Jim Boren, the editorial page editor of the Fresno Bee,Dianne Hardisty, former editorial page editor of the Bakersfield Californian, Paul Hurley, the editorial page editor of the Visalia Times Delta, and Judy Sly, the editorial page editor of the Modesto Bee In Part 3, the panel discusses the issue of Public Employee Pension reform in the aftermath of the City of Bell scandal.
Просмотров: 146 TheMaddyInstitute
http://www.facebook.com/SteveMyersforMayor - Steve Myers discusses civil service employees not being able to "like" political pages on Facebook or follow them on Twitter. What do you think about that? Check out Steve Myers' website at http://www.themyersmessage.com/ Baton Rouge, LA 70808
Просмотров: 114 Steve Myers