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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.
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, 2005.
Number of vehicles. 2,429 commuter rail cars. 6,418 subway cars. 61 SIR cars. 5,725 buses [1] 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 — 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 ...
MTA Chairman Tom Prendergast Announces Retirement - New York City, NY - His retirement announcement comes a day after the opening of the Second Avenue subway.
Metro-North Engineer Who Fell Asleep Causing 4 Deaths to Get Lifetime Pension - Tarrytown-Sleepy Hollow, NY - 60 others were injured in the 2013 crash when the train derailed at the Spuyten Duyvil ...
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.
How IBM is flipping the switch on pension plans. IBM ( IBM) contributes 5% of an employee’s salary to the accounts, which provide a 6% guaranteed, tax-deferred return for the first three years ...
New Jersey PBA to File Suit Against Pension, Health Reform Legislation - Maplewood, NJ - PBA to challenge elimination of COLA for retirees, health contributions into retirement for officers with ...
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. Retirement age in the public sector is usually lower than in the private sector.