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“#Most FDNY retired with $100K-plus annual pensions last year” More than three-quarters of FDNY employees who retired last year qualified for annual pensions exceeding $100,000 — with many awarded extra because of disabilities related to 9/11, a new study and data reveal. Forty of the 491 retirees landed gold-plated pensions of more than $200,000 a…
“#Allianz accused of wiping out MTA pension funds amid COVID crash” A German money manager “decimated” New York City subway workers’ retirement funds this spring with risky investments that backfired as the coronavirus pandemic roiled the stock market, a new lawsuit alleges. Allianz Global Investors promised that it would buy options to keep subway employees’…