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The New York City Transit Authority (also known as NYCTA, the TA, [2] or simply Transit, [3] and branded as MTA New York City Transit) is a public-benefit corporation in the U.S. state of New York that operates public transportation in New York City. Part of the Metropolitan Transportation Authority, the busiest and largest transit system in ...
In December 2005, the TWU Local 100 called a strike in New York City. Negotiations for a new contract with the Metropolitan Transportation Authority (MTA) broke down over retirement, pension, and wage increases. The strike began at 3:00 a.m. EST on December 20.
New York retiree health care severely underfunded - Across New York, NY - Across the 50 states retiree health care is only 7% funded
Despite the financial penalty, 45,646 retirees have declined the Advantage plan in favor of staying on Senior Care, according to data provided to the Daily News by City Hall.
Under the U.S. Internal Revenue Code section 132 (a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax. The qualified transportation benefits are transit passes, vanpooling, bicycling, and parking ...
The city had asked the judge to set a Nov. 30 deadline for opting out of the controversial health plan, saying there otherwise wouldn't be enough time for the benefits to kick in by Jan. 1 — the ...
The Metropolitan Transportation Authority (MTA) unveiled a 20-year needs assessment, including a list of initiatives to address New York City’s aging transit system.
Posted Wed, May 22, 2019 at 10:47 am ET | Updated Fri, May 24, 2019 at 12:40 pm ET. The NYC area saw the biggest outflow of retirees in the nation recently, a report says. (David Allen/Patch) NEW ...
But a new report shows that retiring comfortably in one state can can cost nearly twice as much as another. That means a 65-year-old retiree who lives to be 85 might need — get this — an extra ...
Roger Toussaint. Roger Toussaint is an American worker who led the December 20th, 2005 New York City transit strike which lasted three days and shut down bus and subway service in the city. Toussaint was the president of the Transport Workers Union (TWU) Local 100 in New York City (NYC) from January 2001 through December 2009.