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An eighth Select Bus Service route was planned in the 2014–2017 Financial Plan. [57] The eighth Select Bus Service corridor (ninth route overall), and the fourth in Manhattan, was for the M86 running on 86th Street , which was originally scheduled to start running on June 28, 2015, but pushed back to July 13, 2015; it did not include a major ...
The Manhattan and Bronx Surface Transit Operating Authority (MaBSTOA), a subsidiary of the New York City Transit brand, operates all the local routes in the Bronx aside from the Bx23 and Q50. The latter two routes and all express bus routes in the borough are operated by the MTA Bus Company.
[68] [69] The commission was appointed by then-Governor David Paterson and run by former chairman Richard Ravitch [66] [70] However, following Thomas Prendergast's retirement in 2017, they were split back again. [66] [71] [72] The positions were merged back into one position in 2019 when Pat Foye was appointed Chairman & Chief Executive Officer ...
Part of the Metropolitan Transportation Authority, the busiest and largest transit system in North America, [4] the NYCTA has a daily ridership of 8 million trips (over 2.5 billion annually). [5] The NYCTA operates the following systems: New York City Subway, a rapid transit system serving Manhattan, the Bronx, Brooklyn, and Queens
Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Traditionally, many governmental ...
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The retirement fund is a defined benefit type pension plan and was only partially funded by the government, with only $268.4 million in assets and $911 million in liabilities. The plan experienced low investment returns and a benefit structure that had been increased without raises in funding. [29]
It is part of MTA Regional Bus Operations, operated by the Manhattan and Bronx Surface Transit Operating Authority (MaBSTOA) under the New York City Transit brand. The M60 provides service between the Upper West Side of Manhattan and LaGuardia Airport in East Elmhurst, Queens, traveling between boroughs via the RFK-Triborough Bridge.