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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.
Part of the Metropolitan Transportation Authority, the busiest and largest transit system in North America, the NYCTA has a daily ridership of 8 million trips (over 2.5 billion annually). The NYCTA operates the following systems: New York City Subway, a rapid transit system serving Manhattan, the Bronx, Brooklyn, and Queens
In 2012, it managed defined benefit pension plans for 156,563 civil servants (members), including 56,752 retirees, making it the largest county retirement system in the United States. In 2018, LACERA's net assets were worth US$55.8billion.
MTA Chairman Tom Prendergast Announces Retirement His retirement announcement comes a day after the opening of the Second Avenue subway. Marc Torrence , Patch Staff
It is publicly owned by the Metropolitan Transportation Authority, which refers to it as MTA Long Island Rail Road. In 2023, the system had a ridership of 75,186,900, or about 276,800 per weekday as of the first quarter of 2024.
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.
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.
Though no R62s were retired by replacement, the aforementioned accidents caused the premature retirement of ten cars. The remaining cars are expected to be replaced starting around the late 2020s. The MTA proposed mid-life technological upgrades for the R62s in 2010, including LED destination signs and automated announcements.
The R32s were originally slated for retirement in 2017, but the R179s experienced delays in delivery.
The MTA has been incorporating newer subway cars into its stock in the past two decades. Since 1999, the R142s , R142As , R143s , R160s , R179s , R188s , and R211s have been added into service.