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NYC Wages Finally On The Upswing, But More Action Is Needed
April 21, 2015 By James Parrott Deputy Director and Chief Economist for the Fiscal Policy Institute New York, NY - After years of wage declines, several signs are emerging of wage growth in New York...
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Nevada Budget Includes Raises for State Workers
June 10, 2015 BY Kevin Brown Reprinted: http://www.afscme.org/ AFSCME Local 4041 members were rewarded for their steadfast advocacy with the 3 percent raise over two years. Their last wage increase...
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Meet The Man Who Takes The Edge Off Any Audit
July 23, 2015 LaborPress Staff Audit and financial investigation: words guaranteed to strike fear and dread in the hearts of union officials and administrators; especially coming from the United...
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NYCHA Still Failing its 400,000 Residents
July 29, 2015 By Neal Tepel, LaborPress Editorial New York, NY - The New York City Housing Authority (NYCHA) is failing its more than 400,000 residents when it comes to repairing apartments and...
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Bank Tellers Suffer Chronically Low Wages
August 14, 2015 By Steve Wishnia and Neal Tepel The nation’s 470,000 bank tellers make so little that they could be nicknamed “the fast-food workers of Wall Street.” According to a survey by the...
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Legislative Chairman Charged With Unemployment Theft
August 18, 2015 By Jerry Cohen, Albany Bureau Albany NY – Attorney General Eric T. Schneiderman has announced the arraignment of Martin T. Reid, the Chairman of the Rensselaer County Legislature, on...
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Citigroup Overcharged Customers
August 24, 2015 By Jerry Cohen, Albany Bureau Albany, NY - More than 46,000 Citigroup Global Markets, Inc. (CGMI) customers who were overcharged fees, will be repaid $20.5 million. An Attorney...
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NYS Foreclosures Above Pre-Recession Levels
August 26, 2015 By Jerry Cohen, Albany Bureau New York, NY - New York state continues to have high levels of foreclosure activity with new foreclosure filings remaining significantly higher than...
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Radius Bank Promises New Growth After Sale
October 9, 2015 LaborPress Staff Boston, MA - Radius Bank, the community bank with $780 million in assets serving unions, non-profit organizations, small and middle market businesses and government...
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Prevailing Wage Violations NYC
November 3, 2015 By Tara Jessup New York, NY– Astoria General Contracting Corp., a non-union company, has been debarred from doing work with New York City and State for five years related to their...
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Stealing from Public by Masquerading as Charity
November 3, 2015 By Tara Jessup Westchester, NY—Thrift Land USA of Yonkers, Inc. used a charitable veneer to trick and mislead the public into believing that the clothing it collected would benefit...
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Washington Not Providing NY Its Fare Share
November 4, 2015 By Jerry Cohen New York, NY - New York is generating $19.9 billion more in tax revenue for Washington and its not receiving its fare share. For every dollar New York sends to...
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Claims Against NYC Down
November 6, 2015 By Tara Jessup New York, NY – A New York City Comptroller report analyzing claims activity in Fiscal Years 2014 and 2015 against five City agencies—the Police Department, Health and...
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Koch Brothers Network Funding Friedrichs Case
November 6, 2015 By Steve Wishnia and Neal Tepel This term, the U.S. Supreme Court will rule on Friedrichs v. California Teachers Association, a lawsuit intended to decimate public-sector unions by...
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Reid, Pelosi Eye Repeal of Obamacare ‘Cadillac Tax’
November 10, 2015 By Steven Wishnia and Neal Tepel Senate Minority Leader Harry Reid (D-Nev.) and House Minority Leader Nancy Pelosi (D-Calif.) are looking for ways to repeal the impending 40% excise...
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For 2016 ABC Is Not As Easy As 123
January 28, 2016 By Salvatore J. Armao, CPA/PFS, CFP, CFE, CGMA With the New Year also come some more compliance requirements from the Affordable Care Act (ACA). With the New Year also come some more...
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Five Pension Plan Issues for Trustees and Administrators to Consider in 2016
February 9, 2016 By Paul R. Bonsee Multiemployer plan sponsors, administrators, and fiduciaries will continue to be challenged in 2016 as they have been in recent years. Market volatility, the...
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Saving for Your Future: Questions to Ask Yourself Now
Febraury 23, 2016 By Michael Fina, Radius Bank, Union Relationship Manager (FDIC Consumer News) Finding money to put into savings can seem difficult, but there are some strategies that can make it...
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Pension Trust Fund Asset Performance: A Key 2016 Taft-Hartley Plan Issue
February 25, 2016 By Timothy L. Connor, FSA, EA, MAAA and Paul R. Bonsee In the last issue of this newsletter, we mentioned five key plan issues that are facing multiemployer plan sponsors,...
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Cutting Pension Benefits: MPRA and the Central States Pension Plan
April 6, 2016 By Tim Connor, FSA, EA, MAAA, Charles Clark, ASA, MAAA, EA and Paul R. Bonsee Another of the five key plan issues for 2016 facing multiemployer plan sponsors, administrators and...
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