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Cassidy is the lead trustee and Vice-Chairman on the FDNY Pension and Investment Boards, with $11 billion in assets. [7] He is also the Treasurer of the New York City Municipal Labor Committee (MLC), an umbrella organization of all New York City municipal unions, negotiating health care benefits for more than 600,000 municipal workers and retirees.
COLUMBUS, Ohio (WCMH) — The Ohio Police and Fire Pension Fund is headed toward a financial crisis, but Ohio’s municipal leaders said they can’t afford the bailout. There was a proposal at ...
Pension benefits are primarily designed to favor workers who work a full career (typically at least 25 years of service), which account for approximately 24% of state-level public workers. In a study of 335 statewide retirement plans, Equable Institute found that 74.1% of pension plans in the US served this group of workers well.
The FDNY's motto is "New York's Bravest" for fire, and "New York's Best" for EMS. The FDNY serves more than 8.5 million residents within a 302-square-mile (780 km 2) area. [9] The FDNY headquarters is located at 9 MetroTech Center in Downtown Brooklyn, [10] and the FDNY Fire Academy is located on Randalls Island. [11]
The state's second largest public pension fund oversees about $90 billion invested on behalf of 500,000 teachers and retirees. Its 11-member board has been infighting over the direction and ...
Seeking to boost his standing with frustrated blue-collar voters, President Joe Biden on Wednesday will use the backdrop of a union training center in Cleveland, Ohio, to tell workers his policies ...
A typical New York City Fire Department (FDNY) Ladder Company, also known as a ladder truck. Pictured is an Aerial Ladder Truck operated by Ladder Co. 4, quartered in Manhattan. This is a list of fire departments in New York.
The younger Gambino, who was 20 at the time, is one of more than 75 sons and daughters of the 343 FDNY members lost on 9/11 — or later succumbed to Ground Zero-related diseases — who went on ...