Probationary workers This is probably the most affected group that we have of Financial Panicking, not all of us come to this job with money. From what I see, this …
When You’re Planning for Retirement, Is It Worth Looking into a Target Date Fund?
So many Americans struggle with the concept of planning for retirement. Even if they want to start saving, they might not know where to begin. Some people put it off …
Why Retire?
There are a few reasons people retire from this job and it seems everybody has their own reason(s). As I see on social guys/girls retire for the most part because …
Jackpot DSNY Family Weekly V38
It might seem like you hit the lottery getting this job, but its not all fun and games, when it comes to pay “this is cereal” it could be rough …
Annuity Check
What should I do with this check? The choices are there. First thing to remember is these monies will come at a later date, something like 3 to 6 months from …
Calculating Pension Best 3 Years Tier 4
When calculating your pension, I was always told the best 3 years out of the last 5 years. Well I asked NYCERS when I retired that exact question and I was …
Citizens Budget Commission
A recent CBC report on garbage collection in the city found “A surprisingly high cost” and “insufficiencies that the city should address in its upcoming negotiations with Sanitation Workers” Read …
Payrolls 101 Keeping Track of Pay
It has been a couple of years now going electronic on the payroll and some problems are still out there, but overall it has improved on getting guys paid and …
Merry Christmas New York City Workers
In Final Speech, Mayor Bloomberg Warns Bill de Blasio on Healthcare and Pensions: Mayor Bloomberg used his last major speech before leaving office to sound the alarm about skyrocketing pension …
As Goes The Economy, So Goes The Equity Markets!
The markets are moving higher simply because the news is improving. Many investors invest with the ‘Headlines”. If something is better than expected, then they believe stock prices should …
Retro, Medical, and Bloomberg’s violation of the Taylor Law…
The Municipal Labor Committee Aug. 9 sued the city to block its Request for Proposals on a new health-care provider for city employees, accusing the Bloomberg administration of rushing the …
Why does Skeetlebutt likes Roth accounts :)
As many of you know, I’ve been deseperately petitioning people….I like, hahahaaaa…. into Roth accounts for a few years now. At least partially, such as future contributions. I have a …
Times are getting better to invest?
(This would affect your NYC Deferred Compensation Plan assets dramatically over the next few years.) The S&P has broken through 1500, the Dow, 14,000, nearing all-time highs but is the …
Welcome “Global Positioning System” 2011
DSNY has been using GPS for awhile now, 2010 Blizzard brought it to the forefront, it should be an interesting winter, with any luck GPS will be a good thing …
Night Plow 2011-2012
Oh! What a year makes, same time last year we were ringing in City Time and DSNY 2.0. So what has a year make? For starter some of the following: …
Ohio Represents!
COLUMBUS, Ohio (AP) – The state’s new collective bargaining law was defeated Tuesday after an expensive union-backed campaign that pitted firefighters, police officers and teachers against the Republican establishment. In …
Harry to Bloomy: “WE’VE ALREADY GIVEN!”
The Bloomberg administration may seek to have employees pay more for their health-care costs, Deputy Mayor for Operations Caswell Holloway said at an Oct. 25 Citizens Budget Commission breakfast. …
Perspectives can be fascinating
For instance, I’m told that if you interview witnesses to a car accident, they’ll tell slightly different stories of the same event. Not that anyone is trying to mislead. They just saw …
Is it City Time III?
Nycaps, Mayor Bloomberg’s initiative to revamp to update and streamline the city’s management of personnel information, was budgeted at $66 million in 2002. The system’s cost has ballooned $363 million …
Loerb’s World “Fall Edition”
If money can’t make you happy, you won’t like poverty either. When buying a flat screen TV, always remember to put the box in your neighbor’s trash so you don’t …
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