If You’ve Just Joined TRS…
April 2012 By Clarion Staff Adjuncts who signed up to join TRS shortly before April 1, but who have not yet submitted a beneficiary form, proof of date of birth (copy of birth certificate or passport), and their letter of appointment, must not miss the April 30 deadline for those…
Harsh New Pension Law Approved: Tier 6 Slams Future CUNY Employees
April 2012 By Peter Hogness From left:David Rozen, an aide to State Sen. Michael Gianaris, meeting with Eileen Moran, Iris DeLutro, Arthurine DeSola and Ron Hayduk of the PSC. Sen. Gianaris opposed Tier 6 legislation. The final text of Gov. Andrew Cuomo’s bill to slash public worker pensions was posted…
If you applied to join TRS before April 1, don't miss this April 30 deadline!
April 2012 By Clarion Staff On April 1, a new, inferior set of pension benefits for New York public workers, including CUNY employees (“Tier 6”), went into effect. If you are a CUNY adjunct (teaching or non-teaching) who submitted an application form to join the Teachers Retirement System (TRS) before…
PSC Election Material: New Caucus Candidates' Joint Statement
April 2012 By The New Caucus WHAT WE STAND FOR The New Caucus was formed in 1995 when hundreds of faculty and professional staff from across the University came together to dedicate our political lives to the project of making CUNY the great public university it could be. It was…
This Week in the PSC (03.26.12): Part-Timers! The Tier IV Pension Enrollment Deadline is Sat., Mar 31
Part-Timers! The Tier IV Pension Enrollment Deadline is Sat., Mar 31 New York is instituting a new, inferior pension plan (Tier 6) that will apply to all CUNY employees, including adjuncts, who join Teachers Retirement System (TRS) on or after April 1. Teaching Adjuncts, Non-Teaching Adjuncts, and Adjunct CLTs have…
Unions Oppose Public-Sector Pension Cuts
March 2012 By Peter Hogness “It’s time to rebuild the middle class, not attack what’s left of it,” says the New York State AFL-CIO in a statewide radio ad that began running on February 8. The ad is part of a hard-hitting campaign against proposed legislation that would reduce pension…
Adjunct Pensions: Enroll Now To Ensure Your Rights
November 2011 By Ellen Balleisen If you are an adjunct who has not yet joined the New York City Teachers’ Retirement System (TRS), please fill out an enrollment form immediately. Eligible adjuncts are entitled to a pension benefit; by enrolling now in TRS you can make full use of a…
This Week in the PSC: PSC Joins the Working Families Party
PSC Joins the Working Families Party. After a spirited debate, the PSC Delegate Assembly voted 51-35 in favor of affiliating with the Working Families Party (WFP). The proposed affiliation came before the delegates after having received a thorough examination and a recommendation from the PSC’s Legislation and Solidarity Committees, as…
New Pension & Benefits Coordinator Comes to PSC
September 2011 By John Tarleton Jared Herst grew up talking shop with his father, a forward-thinking financial planner who left his job as a broker in the 1970s to establish a firm of investment advisors for financial and retirement planning. His clients included employees at Princeton University. Jared Herst fields…
Liu Reports City Pension Costs to Decline After 2016
September 2011 By Peter Hogness A report from Comptroller John Liu on City pension costs drew ire from Mayor Michael Bloomberg in an August interview. But Bloomberg’s criticism was short on specifics, and the comptroller challenged him to back it up. Liu’s report concludes that pension costs will make up…
