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Federal Employees Retirement System - covers approximately 2.44 million full-time civilian employees (as of Dec 2005). [2]Retired pay for U.S. Armed Forces retirees is, strictly speaking, not a pension but instead is a form of retainer pay. U.S. military retirees do not vest into a retirement system while they are on active duty; eligibility for non-disability retired pay is solely based upon ...
The MPI MP8AC-3 is a lightweight diesel-electric locomotive built by the MotivePower division of Wabtec. It was designed from scratch as a work train engine for the New York City Subway system, where it is designated the R156 .
Pizzitola and thousands of other municipal retirees argue that the Medicare Advantage Plan will result in inferior health coverage for the city’s roughly 250,000 retired workers, including by ...
These assets are overseen by the New York State Comptroller's office and are held on behalf of more than one million members of the New York State and Local Retirement Systems (NYSLRS). As of March 31, 2018, its one-year return was 11.35%, however its 10-year return was 6.4%. In 2017, the fund was able to cover about 95% of the benefits it paid ...
In February 1965, New York Governor Nelson Rockefeller suggested that the New York State Legislature create an authority to purchase, operate, and modernize the Long Island Rail Road (LIRR). The LIRR, then a subsidiary of the Pennsylvania Railroad (PRR), had been operating under bankruptcy protection since 1949.
[24] [26] [201] The brick facility was opened in 1966 and was operated by Jamaica Buses; the company's original depot was located across the street (114-02 Guy R. Brewer Boulevard) before the land was acquired by New York State in 1958. [41] [201] [36] [202] On January 30, 2006, it was leased to the City of New York and MTA Bus. [4]
The new organization was formally announced in July 1961. The United Auto Workers and United Steelworkers pushed their retirees to sign up as members, and both unions as well as the AFL-CIO contributed seed-money to finance the group. Forand, who had retired from office in 1960, became the NCSC's first president and William Hutton, a public ...
In 1998, a large portion of the New York City Subway system was nominated for addition to the National Register of Historic Places. The nomination encompassed 48 stations, 11 electrical substations, six signal towers, four station head houses, three buildings in storage yards, and one tunnel. The MTA supported the listing, which would increase ...