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The New York State Common Retirement fund is a public pension plan for the employees of New York State government. As of 2018 [update] , it was the third largest public pension plan in the nation, and held $207.4 billion in assets.
As an example (and not including locality adjustments), an employee at GS-12 Step 10 (base salary $98,422) being promoted to a GS-13 position would initially have his/her salary set at GS-13 Step 4 (base salary $99,028, as it is the nearest salary to GS-12 Step 10 but not lower than it), and then have his/her salary adjusted to a higher step ...
Empire engages in policy regarding New York state's spending and budget. Empire releases data regarding salaries and pensions of state employees and its impact on the state's budget. In 2018 Empire issued a report showing that over 3,500 state employees are paid more than Governor Cuomo's salary of $179,000. [8]
U.S. states and territories by annual median wage 2021 (in current dollars) National rank State or territory Median wage in US$ [4] Average earnings in US$ [3] 1
In a speech at the Manhattan Institute for Policy Research in New York City, OpentheBooks CEO Adam Andrzejewski described the data capture as 15 million public employee salaries, 48 of 50 state checkbooks, and nearly all disclosed federal spending since 2000.
The Public Employees Federation (PEF) is a labor union representing more than 57,000 [1] professional, scientific, and technical public employees in the state of New York.The union is one of the largest local white-collar unions in the United States and is New York's second-largest state-employee union. [2]
New York enacted a pay transparency law in 2023. The law requires employers to publicly disclose job salary ranges. [6] Massachusetts enacted a pay transparency law in July, 2024, which applies to businesses with more than 24 employees, with data reporting for businesses with 100 or more employees. [7]
The Public Employees Fair Employment Act, more commonly known as the Taylor Law, is Article 14 of the state Civil Service Law (of the Consolidated Laws), which defines the rights and limitations of unions for public employees in New York. The Public Employees Fair Employment Act (the Taylor Law) is a New York State statute, named after labor ...