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
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.
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.
No comments:
Post a Comment