Friday, December 21, 2018

talking trash with the king

when a nassau otb employee asked laura campione for a copy of the arbitrator's decidion and the  hearing transcript  she said NO!

you cannot expect much because she owes her job etc to your psl and photo  op friend kevin mccaffrey who is up for ele tion this year. ejoice in the old saying all politics is local


as in arthur riegel arbitrations nsasau otb employees want a 3% raise for all employees retroactive to the date of the signing of the last contract in 2007


the king should
1 publish or cause to be published and make availsble for public examination the books snd recors of the local 707 pension plan, kevin mccaffrey trustee



LONG ISLANDNASSAU

Schumer, King, Teamsters push for bill to cover pensions

Recession from 2008 led to multi-employer pension funds such as the Teamsters’ to become insolvent. Schumer and King want to allow borrowing through the Treasury Department to cover shortfalls.
  1. Schumer and King push to fund Teamster pension shortfall
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Sen. Chuck Schumer (D-NY) and Rep. Peter King (R-Seaford) seek to issue treasury bonds tied to federal budget to fund Teamster pension shortfall. (Credit: Newsday / John Asbury)
Sen. Chuck Schumer and Rep. Peter King joined Long Island Teamsters Tuesday in calling for union pension shortfalls to be funded through Treasury bonds tied to the federal budget.
Schumer (D-N.Y.) and King (R-Seaford) are pushing Congress to pass the Butch Lewis Act, which would create a new office within the Treasury Department to allow pension plans to borrow for any shortfall using Treasury bonds issued by the government to sell to financial institutions. 
Schumer, the Senate minority leader, and King met with Teamsters Local 707 in Hempstead to push for the bill, which could help fund pensions for 4,500 Long Island families, including more than 3,700 retirees, Schumer said.

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