Friday letters: Pension system, 'Say Yes' blessed, Gun microstamping, Fathers ...
Give pension system credit, not reform
To the Editor:
In response to your June 15 call for speedy pension reform in Albany, and to the general public’s outrage over public employee pensions, let me share with you some facts about the New York State Teacher Retirement System included in its Spring 2011 newsletter, “Your Source.”
ÖDespite the perception that widespread pension abuse resulting in six-figure pensions has created an unfair tax burden, less than 1 percent of TRS benefit recipients receive an annual pension of more than $100,000. Eighty-three percent of this group receives less than $130,000. A group this small has virtually no impact on the employers’ contribution rate, according to TRS actuary Richard Young.
ÖThe 2011-2012 employers’ contribution rate of 11.11 percent is the first double-digit rate in 23 years. The ECR was in the high teens and twenties in the 1960s, ’70s and ’80s.
ÖThe ECR is impacted by the performance of TRS investment earnings which, in the fiscal year ending last June, were 50 percent greater than the assumed rate of return. In the first half of the current fiscal year, the TRS portfolio returned 17 percent.
ÖLess than one-third of TRS pension recipients have an annual pension greater than $50,000.
Rather than reform this system, I urge our legislators in Albany to applaud its efficiency, integrity and professionalism — qualities sorely lacking in the Senate and Assembly. Few, if any, public entities centered in Albany run so well.
Barry Miller, past president ‘Say Yes’ blessed with government cooperation
To the Editor:
Your excellent articles on the multi-faceted “Say Yes to Education” endeavor that this region has embraced prompt many thoughts.
First, we are fortunate here to have the rather unprecedented cooperation of city and county government along with non-profit organizations, foundations and the private sector in this comprehensive approach to assisting our youth in academic success and recognizing that attending to basic human needs and support systems is essential to accomplish that.
Secondly, the continued inspiration for this program comes not only from this good leadership and generosity, but from the stories of the youth themselves in their successes in school and at home.
Nys Teachers Retirement System - News
By Readers' Page In response to your June 15 call for speedy pension reform in Albany, and to the general public's outrage over public employee pensions, let me share with you some facts about the New York State Teacher Retirement System included in
All of these data come from the New York State Teachers Retirement System and SeeThrough New York, a comprehensive website that specializes in facts and figures about state and local governments. Use the tabs to isolate the list by county, district,
SL Green Realty Corp. said Tuesday that it has refinanced the 47-story tower at 919 Third Ave., which it owns in partnership with the New York state Teachers Retirement System. The company, which is New York City's largest office landlord
18 retired Mamaroneck School District employees in the New York State Teachers Retirement System have annual pensions exceeding $100000 a year, according to the State Comptrollers Office and the Empire Center for New York State Policy.
The New York State Teachers' Retirement System is seeking an in-house manager of private equity, Pensions & Investments reports. The manager will be responsible for handling the international, special situation and venture capital parts of the system's
Rye Neck Pensions Top 90K | theloop
RYE NECK– Last week, we showed you the top annual pensions paid out annually in the Mamaroneck Union School District. This week’s data base from Rye Neck shows pensions on a much lower scale.
Below you will find Rye Neck Union Free Schools employees in the New York State Teachers Retirement System, according to the State Comptrollers Office and the Empire Center for New York State Policy. Topping this list is Susan Lichtenstein, who retired in 2007, as Chairman of Mathematics for the District.
next week: Rye.
Nys Teachers Retirement System - Bookshelf
New York State teachers retirement system
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The rate of contribution of the employers with respect to New York State Teachers' Retirement System is substantially the same as that of the New York City ...Compilation of laws covering New York State Teachers' Retirement System, as amended through ...
All members of any public school teachers' retirement system of fund, dissolved and discontinued as herein provided, who are eligible to membership under ...Annual report - New York State teachers retirement system
Ill Ernst & Young llp - ** ^j51TM 7 ■ Phone: 518 434 460° Albany, New York 12207 The Retirement Board New York State Teachers' Retirement System The New ...Day-by-day Articles Directory
New York State Teachers' Retirement System
Administering retirement benefits for teachers in the public schools, B.O.C.E.S., community colleges, and branches of the State University outside of New York City.
New York State and Local Retirement System
The New York State and Local Retirement System (NYSLRS) offers services for the public members, retirees and employers of New York State.
Forms | Active Member Forms | NYS Teachers' Retirement System
New York State Teachers' Retirement System ... If you would prefer to receive these or other System forms by mail, request them by calling our Hotline at (800) 782-0289. ...
New York State Teachers' Retirement System: Information from ...
New York State Teachers' Retirement System Contact Information New York State Teachers' Retirement System 10 Corporate Woods Dr
P&I 1,000: The Largest Retirement Plans - Pensions & Investments
ALBANY, N.Y. - As of Sept. 30, the New York State Teachers' Retirement System's total employee benefit assets - all defined benefit - increased 12% from a year earlier. ...