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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.
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.
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
A New York Times investigation in 2008 showed that 25% of LIRR employees who had retired since 2000 filed for disability payments from the federal Railroad Retirement Board and 97% of them were approved to receive disability pension.
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 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.
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 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...
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.
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 ...
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