Posts tagged cost-of-living adjustments
NYC Employee Pension Payments Cross $6 billion; 70 Members Collect $200k+
June 21, 2025 // The pension plan covering most New York City government agencies, including the City’s subway system, had 70 members with pension payments of at least $200,000 last year, almost quadrupling 2019’s tally of 19, according to new data posted today at SeeThroughNY.net, the Empire Center’s transparency website. According to the data collected from the New York City Employees’ Retirement System (NYCERS), total payments climbed to $6.05 billion in 2024, a five percent increase since 2023 ($5.78 billion).
Sen. Hawley Introduces Bill to Raise Minimum Wage to $15
June 10, 2025 // Some business advocacy groups still oppose minimum rate hikes, including Hawley's proposed bill. "This proposal would more than double the minimum wage and slash over 800,000 jobs," Rebekah Paxton, research director at the Employment Policies Institute, said in a statement to The Hill. "An overwhelming majority of economists agree that drastic minimum wage hikes cut employment, limit opportunities for workers and shutter businesses."
Opinion: One mother’s fight against forced union dues
April 29, 2025 // Every pay period, a portion of my hard-earned wages disappears into the Teamsters’ “Health and Welfare Trust Retiree Plan.” It is likely this deduction isn’t just about healthcare for retirees. A portion of the funds may be channeled into the union’s shareholder activism — buying shares in companies and then pressuring corporate boards to adopt political positions I never agreed to support. The lawsuit challenges California’s Meyers-Milias-Brown Act, which essentially traps public employees like me in a financial relationship with unions we’ve explicitly rejected.