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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.
New York State Common Retirement Fund. The New York State Common Retirement fund is a public pension plan for the employees of New York State government. As of 2018, it is the third largest public pension plan in the nation, and holds $207.4 billion in assets.
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. New York has hundreds of lesser-known public benefit ...
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.
Readjustment of Pension Multiplier: Under Tier VI, the new pension multiplier will be 1.75% for the first 20 years of service, and 2% starting in the 21st year. For an employee who works 30 years ...
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.
New York - New York State and Local Retirement System, New York State Local Police and Fire Retirement System, New York State Teachers' Retirement System; North Carolina - North Carolina Retirement Systems (NCRS), see external North Carolina Department of State Treasurer (NCDST) North Dakota - North Dakota Public Employees Retirement System, see
Central New York Regional Transportation Authority; Founded: 1970: Headquarters: 200 Cortland Avenue, Syracuse, NY, 13205-0820: Locale: Syracuse and surrounding areas: Service type: Bus transit: Fleet: 238: Daily ridership: Approximately 42,000 (weekdays) Fuel type: Diesel, CNG, Diesel-electric hybrid: Chief executive: Brian Schultz: Website ...
The package, worth over $60 million, included wages increases from $3.18 to $4.14 an hour, an additional paid holiday, increased pension benefits, and other gains. Gains averaged nine percent for the next eight years.
The 2005 New York City transit strike was called off on December 22, 2005, following the signing of an agreement between the TWU Local 100 and the MTA, which dropped its demand for pension changes. The MTA agreed to refund $131.7 million in pension payments to its employees, to a 10.5% wage increase over 3 years and to recognize Martin Luther ...