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The New York City Transit Authority (also known as NYCTA, the TA, or simply Transit, 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.
Some of the most well known major public benefit corporations in New York State include the Port Authority of New York and New Jersey (actually a bi-state authority created by interstate compact ), the Metropolitan Transportation Authority, and the Empire State Development Corporation.
The union agreed to move the contract expiration deadline from mid-December to mid-January and a first-time 1.5% employee contribution to health benefits with first-time medical coverage for its pre medicare (pre age 65) retirees.
OPEB comprises mainly retiree health care benefits. State and local governments have long hid retirement benefit obligations, including pensions and OPEB, off their balance sheets.
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.
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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 Metropolitan Transportation Authority (MTA) unveiled a 20-year needs assessment, including a list of initiatives to address New York City’s aging transit system.
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 ...
The Metropolitan Transportation Authority (MTA) is a public benefit corporation responsible for public transportation in the New York City metropolitan area of the U.S. state of New York.
Rockland County will re-evaluate its proposed retiree health insurance plan change to Aetna Insurance from the New York State Health Insurance Plan provided by the Empire Plan.