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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
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.
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 Manhattan...
The Washington Metropolitan Area Transit Authority ( WMATA / wəˈmɑːtə / wə-MAH-tə ), [3] commonly referred to as Metro, is a tri-jurisdictional public transit agency that operates transit service in the Washington metropolitan area.
The Internal Revenue Service announced record-high maximum annual contributions to 401(k) and similar retirement accounts for 2023. Workers who have a 401(k), 403(b), most 457 plans, and the ...
As part of the modernization of the New York City Subway, the Metropolitan Transportation Authority (MTA) plans to upgrade and automate much of the system with communications-based train control (CBTC) technology, which will automatically start and stop trains.
In what way is our retirement system broken? The 40-year experiment with a do-it-yourself model for the American pension system is failing.
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