#Retired Ukraine police attempt to storm parliament

#Retired Ukraine police attempt to storm parliament

“#Retired Ukraine police attempt to storm parliament” KYIV, July 14 – Several hundred retired Ukrainian police officers attempted to storm the parliament building on Wednesday demanding an increase in their pensions. The demonstration took place a day after the unexpected resignation of the interior minister, who had run the police force since 2014 and offered…

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#Scott Stringer eyes looser pension rules for private equity

#Scott Stringer eyes looser pension rules for private equity

“#Scott Stringer eyes looser pension rules for private equity” New York City Comptroller Scott Stringer is looking to loosen strict rules that govern private-equity firms managing the city’s pensions — a potentially risky policy switch that he claims will improve returns, The Post has learned. Specifically, Stringer — a Democrat running for mayor in this…

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#NYC’s pension funds to divest  billion from fossil fuels

#NYC’s pension funds to divest $4 billion from fossil fuels

“#NYC’s pension funds to divest $4 billion from fossil fuels” New York City’s largest pension funds have voted to divest their portfolios of an estimated $4 billion from securities related to fossil fuel companies, Mayor Bill de Blasio, Comptroller Scott Stringer, and trustees of two of the city’s pension funds said. “The New York City…

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#How to keep NYC from going bankrupt

#How to keep NYC from going bankrupt

“#How to keep NYC from going bankrupt” With the city’s tax base decimated by the pandemic and a high-income-earner exodus, will Mayor Bill de Blasio tighten the fiscal belt? The dire need for it is laid out in a new Manhattan Institute study. In it, New York City government vet Eric Kober looks at the…

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#Stop Bill de Blasio’s rancid bus deal

#Stop Bill de Blasio’s rancid bus deal

“#Stop Bill de Blasio’s rancid bus deal” Members of the city Panel for Educational Policy have a clear duty to vote down City Hall’s rancid deal to buy out the bus company Reliant Transportation at Monday evening’s meeting — and not just because it’s likely to wind up saddling the Department of Education with Reliant’s…

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#Accused MTA overtime cheat may lose hefty pension

#Accused MTA overtime cheat may lose hefty pension

“#Accused MTA overtime cheat may lose hefty pension” An accused MTA overtime cheat has been collecting a massive pension that the feds say was boosted by pay he didn’t actually earn — but that gravy train could soon be thrown into reverse! Thomas Caputo, 56, of Holbrook, LI, raked in $144,000 in pension benefits during…

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#How to start defusing NYC’s pension bomb

#How to start defusing NYC’s pension bomb

“#How to start defusing NYC’s pension bomb” Gotham’s public-health crisis risks becoming a financial crisis — including by ravaging the underfunded retirement systems promised to public workers. Four essential steps could avert catastrophe. Even before the crisis, the city had set aside just 2 percent of the savings needed to cover retiree health benefits for…

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