Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Extras | All Access e-Edition | Home RSS
 
 
 

Contribution rates to retirement system to decrease

August 27, 2013

Employer contribution rates for the New York State and Local Retirement System will decline slightly in Fiscal Year 2014-15, New York State Comptroller Thomas P. DiNapoli announced today....

« Back to Article

 
 
sort: oldest | newest

Comments

(5)

Chuck392

Aug-27-13 9:21 PM

One of the biggest mistakes NYS made years ago was to eliminate employee contributions after 10 years of service.

0 Agrees | 0 Disagrees | Report Abuse »

ProudToBeUnAmerican

Aug-27-13 6:50 PM

What's the difference? I heard that Obama is going to raid everyone's (i.e. middle class) pension to pay for his war in Syria, so it's as good as gone anyway. Oh well, better than borrowing trillions from China like someone who remains blameless did.

2 Agrees | 1 Disagrees | Report Abuse »

Rodrickson

Aug-27-13 6:21 PM

Public Union Pensions, still dependent on the stock market instead of fixed payer contributions. I think we've been on this roller coaster before...

1 Agrees | 1 Disagrees | Report Abuse »

notalways

Aug-27-13 4:34 PM

Why is it we forget ALL the years the employers had to pay almost nothing. And why is it you still complain when you pay less just like you complain when you pay more? Some people are just never happy.

2 Agrees | 1 Disagrees | Report Abuse »

jamesamuscato

Aug-27-13 4:03 PM

This should amount to about a $18,000 cut. The cost for this year is about $1,399,994. Big deal, thank you Mr. DiNapoli.

1 Agrees | 0 Disagrees | Report Abuse »

Showing 5 of 5 comments
 
 

Post a Comment

You must first login before you can comment.

*Your email address:
*Password:
Remember my email address.
or
 
 

 

I am looking for:
in:
News, Blogs & Events Web