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News stories tagged with "pension"

State Senator Ray Meier
State Senator Ray Meier

Bill Introduced To Keep Traffic Fines Local

17 state senators, including North Country Senator Ray Meier, have introduced a bill that would repeal a controversial change in vehicle law approved in the state budget last month. The law would give the state, not towns and villages, the lion's share of the fines from speeding tickets and other traffic violations. Senator Meier told David Sommerstein the law is a direct result of the dysfunctional budget process.  Go to full article

SLC Considers Employee Pension Reform

Officials are expressing cautious optimism that a change in the way local governments pay for their employees' pensions will ease budget crunches. State leaders announced the pension reform plan in Albany this week. It would push back the due date for pension fund payments, saving local governments $980 million statewide. Tom Nichols, vice-chair of the St. Lawrence County legislature, says the plan may save the county $4.1 million, or it may simply delay the payment.  Go to full article

Hevesi Says He'll Ignore Pataki's Pension Plan

State Comptroller Alan Hevesi harshly Criticized Governor Pataki's pension reform plan, calling it a raid that would hurt retired government workers. Karen DeWitt reports.  Go to full article

Pataki Seeks Local Support for Medicaid/Pension Reforms

Governor Pataki met with a bipartisan group of local government officials from around the state to build support for his Medicaid and pension reform proposals that he says could save property tax payers millions of dollars. Karen DeWitt reports.  Go to full article

Pataki Looks at Delaying Pension Payments

Governor Pataki is offering a plan to bail out local governments faced with soaring pension plan costs. Karen Dewitt has more on the story.  Go to full article

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