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LACERA was established on January 1, 1938, following passage of the County Employees Retirement Law of 1937 (CERL), which mandates LACERA to pay for the defined retirement benefits of Los Angeles County employees and their beneficiaries. In 1971, LACERA began administering a retiree healthcare benefits program. Management
Just before the contract ended, the MTA offered a 3.5% per year raise and no change in the retirement age, with the caveat that new transit workers pay 6% of their wages into the pension fund, up from the 2% that current workers pay. The offer was rejected, and a strike declared.
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 ...
New York City Transit — the MTA branch responsible for the city subways and buses — spent $119 million more on overtime last year as its workers' average pay increased to $84,265 from $79,916...
MTA and Transport Workers Agree on Pay Increase for Transit Employees - Fort Greene-Clinton Hill, NY - The eight percent wage increase would be implemented over the next five years.
The Los Angeles County Metropolitan Transportation Authority operates the third-largest public transportation system in the United States by ridership with a 1,433 mi 2 (3,711 km 2) operating area and 2,000 peak hour buses on the street any given business day. Metro also operates 109 miles (175 km) of urban rail service. [1]
Gannett. The MTA's congestion pricing plan for Manhattan will go into effect on June 30. The Metropolitan Transportation Authority officially passed the plan that will charge vehicles entering ...
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The lawmakers say that they are required by law to enact legislation granting cost-of-living increases to retired teachers, and that between 1967 and 2001, there was a COLA granted to PSERS ...
When the New York City Transit Authority was created in July 1953, the fare was raised to 15 cents (equivalent to $1.71 in 2023) and a token was issued. [89] In 1970 the fare was raised to 30 cents. [90] This token is 23mm in diameter with a Y cut out, and is known as the "Large Y Cutout".