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Cassidy is the lead trustee and Vice-Chairman on the FDNY Pension and Investment Boards, with $11 billion in assets. [7] He is also the Treasurer of the New York City Municipal Labor Committee (MLC), an umbrella organization of all New York City municipal unions, negotiating health care benefits for more than 600,000 municipal workers and retirees.
The rankings below are the 30 largest public pension plans in the U.S., according to the 2018 list compiled by Pensions & Investments. [1] Because this information is now several years old, the numbers and rankings may no longer be entirely accurate.
The increase is the largest since 1981, when the COLA was 11.2%, and raises the average retiree benefit by more than $140 per month starting in January, according to the Social Security ...
The FDNY's motto is "New York's Bravest" for fire, and "New York's Best" for EMS. The FDNY serves more than 8.5 million residents within a 302-square-mile (780 km 2) area. [9] The FDNY headquarters is located at 9 MetroTech Center in Downtown Brooklyn, [10] and the FDNY Fire Academy is located on Randalls Island. [11]
Mayor Eric Adams announced Wednesday that budget cuts to the NYPD and the FDNY will be restored after better-than-expected tax revenues and 20 percent cuts to migrant services.
Source: Social Security Administration. The projected 2025 COLA for Social Security is 2.5%, according to an emailed September 11 TSCL press release, resulting in another drop.
During the remainder of the 19th century, the number of commissioners was periodically changed by the New York State legislature, until a single commissioner was put in charge of the FDNY when Manhattan and the Bronx consolidated with Brooklyn, Queens, and Staten Island to form The City of New York on January 1, 1898. Since then, there have ...
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