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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.
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.
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.
NEW YORK — A new package of New York laws will help volunteers and first-responders who aided the 9/11 rescue efforts access their pension and health benefits, state officials said. Five bills ...
The U.S. Railroad Retirement Board (RRB) is an independent agency in the executive branch of the United States government created in 1935 to administer a social insurance program providing retirement benefits to the country's railroad workers.
About 500,000 active and retired public employees will pay more for their health and pension benefits, saving New Jersey taxpayers an estimated $120 billion over 30 years in pension costs.
MTA and Transport Workers Agree on Pay Increase for Transit Employees The eight percent wage increase would be implemented over the next five years.
The Los Angeles County Metropolitan Transportation Authority ( LACMTA ), branded as Metro, is the county agency that plans, operates, and coordinates funding for most of the public transportation system in Los Angeles County, California, the most populated county in the United States. The agency directly operates a large transit system that ...
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering .
Acknowledging recent service woes, Lhota sought to inspire rank-and-file MTA employees in the memo. “I know that together, the men and women of the MTA will change this situation,” he wrote.
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