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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.
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.
The California CalPERS system outlawed this practice in 1993, but as of 2012 it remained legal in the 20 counties which did not participate in this public employee retirement system. [1] Pension spiking is often seen in public sector employers (who do not typically offer golden parachutes to employees the private sector does) and is an example ...
Records provided to The Advocate through a public records request show the 36-year-old officer resigned in early February from the Newark Division of Police, where he had worked since 2018.
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]
NEWARK − A Newark police officer who used his body camera for surveillance of a city employee, allegedly at the direction of city streets officials, received a written reprimand for his actions ...
The Newark Police Department is the largest municipal police force in New Jersey. [13] In 2011 the size of the police department was reduced by 13% (167 officers) as the result of budget cuts. [14] [15] In November 2013, the NPD re-hired five officers who had been laid off, and another four who had previously worked in Camden. [16]
Newark police officers were required to pay for their uniforms until 1950, when the ordinance was changed. On Nov. 27, 1886, officer Thomas Roach Jr., 24, became the first Newark officer to be ...