In less than three weeks, New York state voters will have the chance to declare their frustration with the seemingly endless trail of corruption by public officials. On November 7, they will decide whether to give judges the power to revoke or reduce the pensions of legislators and other officials […]
Tag: Pension
Legislators introduce bill to divest NY pension funds from fossil fuels
Lawmakers and environmental advocates are hoping to pass a bill this session that would divest state pension funds from the top 200 fossil fuel companies over the next five years. The bill (S.4596/A.3712), sponsored by Senator Liz Krueger, D-Manhattan, and Assemblyman Felix Ortiz, D-Brooklyn, would require the state comptroller to […]
Ethics deal gets tepid response
Pension forfeiture, spending disclosure rules part of last-minute reform package A last-minute ethics reform deal reached by the governor and legislative conference leaders would strip the pensions of any public officer who is convicted of corruption. Under the agreement reached late Friday, any public officer who is convicted of […]