News Tagged With: pension
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April 23, 2013

OCTA changes pension plan

Beginning Jan. 1, 2014, administrative employees will contribute an average of 2% of their salaries to their pensions. That contribution will increase each year until employees are paying 100% of their employee share by Jan. 1, 2017. The plan will result in an $8.2 million savings to taxpayers over the three-year period.


May 24, 2012

LIRR workers who faked disabilities to get amnesty

Retirees who fabricated claims to get more money in their pensions would avoid prosecution and be able to keep their benefits if they admit wrongdoing as part of a deal with the federal government.


November 10, 2011

N.Y. Comptroller: Metro-North unit abused OT rules

Supervisors for the signal-construction unit, which worked on Metro-North's Hudson and Harlem lines, assigned employees to nighttime duty even though they had day shifts, according to the report. The switch triggered a federal requirement that the workers rest while earning full pay during their regular shift the next day.


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METRO Magazine - April 2012

METRO Magazine
Here are the Highlight:
  • BRT Survey: Funding Levels Higher, Yet Still a Concern
  • Green Projects Help Transit Be More Sustainable Off the Road
  • Streetcar Projects Continue Breaking Ground
    And much more…
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