NYS incentive 2008

[wanttoknow]

Does anyone know if there is going to be an incentive offered by NYS?

[ask dinapoli]

ask dinapoli although he usually is overseas.

[Incentive ?]

It is rumored that there is talk of a State Retirement Incentive for July, but there is nothing firm yet. The County is offering an incentive and they have pushed back the date to see if the State comes forward with one of thr own. ther way, lots of older workers will retire July 31, 2008. Whether under a State bill or the current Suffolk County one.

[UnregisteredYOU]

It is rumored that there is talk of a State Retirement Incentive for July, but there is nothing firm yet. The County is offering an incentive and they have pushed back the date to see if the State comes forward with one of thr own. ther way, lots of older workers will retire July 31, 2008. Whether under a State bill or the current Suffolk County one.

Lots of workers??
About 100 or so, and most, if not all of them would have left in the next 7 or 8 months anyway.

[Unregistered222]

I thought Steve Levy was looking to get rid of 600 of us? He is not going to do that with a buy out.

[r schaffer]

0 incentive-as long as i collect my 190k a year.

[Manbla]

0 incentive-as long as i collect my 190k a year.

....And the balls across my nose (just like my"tight" friend Levy).

[Unregistered424]

The county legislature passed a targeted early retirement incentive or buyout on 4/30. It targets positions that have less than 50% state or fed funding. Since then it has not yet been brought out as an offer to employees. It is bng said that it needs union approval and A.M.E. has been silent publicly on this for the past 2 weeks. Anyone truly know what the union is saying or working on about this behind closed doors?

[Back to your desk]

The county legislature passed a targeted early retirement incentive or buyout on 4/30. It targets positions that have less than 50% state or fed funding. Since then it has not yet been brought out as an offer to employees. It is bng said that it needs union approval and A.M.E. has been silent publicly on this for the past 2 weeks. Anyone truly know what the union is saying or working on about this behind closed doors?

Yeah, they said go back to your desk and continue working until 65 like everyone else you pathetic clown! Incentives? What a bullsh!t story. As someone mentioned already, the county incentive will be accepted by as many as 100 people, all of whome would have left with no other incentive other than not have to come to work anymore. Now instead Super Leby is going to give them a cash bonus to leave.

Leby: Leave, retire, go away!

County Worker: I am leaving.

Leby: Wow, you drive a hard bargain, I'll throw in a bag of cash.

County Worker: Uhmmm, ok I'll take it!

[Unregistereddddd]

There is another incentive bng kicked arround. This offer would be offered by the state. This offer would include the 50/20 formula. This would be aimed at the remaining tierII's. and others making top dollar. Everytime our union sells out the unborn it creatates a situation where it is more benificial to the county to have new hires than to keep the experienced workers.

[Been Around A While]

There is another incentive bng kicked arround. This offer would be offered by the state. This offer would include the 50/20 formula. This would be aimed at the remaining tierII's. and others making top dollar. Everytime our union sells out the unborn it creatates a situation where it is more benificial to the county to have new hires than to keep the experienced workers.

Please explain what you mean by the 50/20 formula. How would it work and would it be aimed at any one other then tier II members?

[caber]

The rumor mill is heating up. What will it be? 55/25 and/or 50/30 ???

[Lymphnode]

My sources say that the state legislators are going to sit on thr hands till after elections.

[AnxiousToKnow]

Has anyone heard any more rumors about a possible incentive for the State?

[Gov. Paterson]

100% sure there will not be an incentive.

[Unregistered987]

Please explain what you mean by the 50/20 formula. How would it work and would it be aimed at any one other then tier II members?

50/20 means 50 years of age and 20 years in the retirement system. In the recent past the state has offered this deal to the NYC transit workers. It is usually aimed at the tier II members who most often paid high salaries. The problem is a great number of the tier II members have just entered thr 50's. This type of formula gets rid of them and allows the state or local government to hire replacements for lower salaries or to not hire anyone at all.

[Unregistered543]

50/20 means 50 years of age and 20 years in the retirement system. In the recent past the state has offered this deal to the NYC transit workers. It is usually aimed at the tier II members who most often paid high salaries. The problem is a great number of the tier II members have just entered thr 50's. This type of formula gets rid of them and allows the state or local government to hire replacements for lower salaries or to not hire anyone at all.

Are there any bill pending in the Assembly regarding the incentive for this year?

[Unregistered765]

I believe the discussion of an early retirement incentive has been bng considered for the last 5 months. I believe the county exc has been doing the math to see if the county would benefit.

[Solly Cantori]

The any combo of 80 makes the most sense- do politicians have sense?

50 years old- 30 years service
48 years old- 32 years service

55 years old- 25 years service
etc. , etc., etc.

Maybe they are to obsessed with Caroline Kennedy and her "birthright" to Senator to bother with attrition of the workforce instead of layoffs??

[Unregistered1234]

I think if we are sincerely interested in an incentive we need to e-mail our representatives. They do have staff read the emails, and numbers count.

[Unregistered432]

I heard there will be more discussion on the retirement incentive with in the next two weeks.

[Unregistered6040]

I heard there will be more discussion on the retirement incentive with in the next two weeks.

Hate to end this discussion but even if the State approves a retirement incentive for 2009, the County Executive will not pick up the local government option. He is opposed to it because the scat payouts will break the very tight budget set for 09. In other words, whether or not the State puts force an incentive, there will not be an incentive for Suffolk County in 2009.

He made this statement publicly as recently as a week ago.

[Unregistered1234]

Hate to end this discussion but even if the State approves a retirement incentive for 2009, the County Executive will not pick up the local government option. He is opposed to it because the scat payouts will break the very tight budget set for 09. In other words, whether or not the State puts force an incentive, there will not be an incentive for Suffolk County in 2009.

He made this statement publicly as recently as a week ago.
Thanks for the heads up but you know Steve, that was a week ago.

[30 Years]

Thats crap if an incentive is passed by the state and becomes law (just like the last one in 2002) then the option is available to anyone in the state retirement system and cheap stevie has nothing to say about it !

[UnregisteredReadyToRetire]

Any recent news on the incentive???

[Unregistered1604]

Thats crap if an incentive is passed by the state and becomes law (just like the last one in 2002) then the option is available to anyone in the state retirement system and cheap stevie has nothing to say about it !


You r wrong. It is passed for state employees. Each local govt, county, town, school then have the option to pick it up. Suffolk County will not!

[Been There 23]

I still say if an incentive is offered the option is that of the employee's and not stevie's as long as the incentive is via a new law. However even if you were correct and you maybe, what makes you think stevie won't go with it.The payouts for vacation and sick won't amount to a fraction of what stevie can save on salaries.Look what he offered just this year, some people got up to an additional $45,000.00 to leave in addition to his having to pay vacation and sick. If it's up to cheap stevie to opt in or out, those who's salaries that are state rmbursed ( such as medicaid and CPS workers ) will be stuck working and those who are not will be shown the door. stevie doesn't give a rat's ass for how well a department is functioning, it's all about the mighty penny. The phrase "penny wise pound foolish" was written for cheap stevie, The moral in my office is so low do to stevies games and deception that revenue is down by 2/3.I hear there is still talk of an incentive by the lawmakers, Paterson is against it in the press only (political posturing ) and an offer will be made in March and I'm out !

[nope2]

I still say if an incentive is offered the option is that of the employee's and not stevie's as long as the incentive is via a new law. However even if you were correct and you maybe, what makes you think stevie won't go with it.The payouts for vacation and sick won't amount to a fraction of what stevie can save on salaries.Look what he offered just this year, some people got up to an additional $45,000.00 to leave in addition to his having to pay vacation and sick. If it's up to cheap stevie to opt in or out, those who's salaries that are state rmbursed ( such as medicaid and CPS workers ) will be stuck working and those who are not will be shown the door. stevie doesn't give a rat's ass for how well a department is functioning, it's all about the mighty penny. The phrase "penny wise pound foolish" was written for cheap stevie, The moral in my office is so low do to stevies games and deception that revenue is down by 2/3.I hear there is still talk of an incentive by the lawmakers, Paterson is against it in the press only (political posturing ) and an offer will be made in March and I'm out !

Steve can not only opt out he could go as far at to exclude certain departments from participating. So for examply he could offer the incentive but not allow DSS to participate. And that my friends in fact.

[Unregisteredefgh]

Yup, you're right. School districts can opt out of a state incentive. If it doesn't pay for them to participate, they won't.

[Unregistered6ers]

I still say if an incentive is offered the option is that of the employee's and not stevie's as long as the incentive is via a new law. However even if you were correct and you maybe, what makes you think stevie won't go with it.The payouts for vacation and sick won't amount to a fraction of what stevie can save on salaries.Look what he offered just this year, some people got up to an additional $45,000.00 to leave in addition to his having to pay vacation and sick. If it's up to cheap stevie to opt in or out, those who's salaries that are state rmbursed ( such as medicaid and CPS workers ) will be stuck working and those who are not will be shown the door. stevie doesn't give a rat's ass for how well a department is functioning, it's all about the mighty penny. The phrase "penny wise pound foolish" was written for cheap stevie, The moral in my office is so low do to stevies games and deception that revenue is down by 2/3.I hear there is still talk of an incentive by the lawmakers, Paterson is against it in the press only (political posturing ) and an offer will be made in March and I'm out !

It is passed by state law for state employees. They cannot mandate an incentive on local jurisdictions, county, towns, schools, villages etc. It is open to those jurisdictions only as an option which in the county must be introduced by resolution by the Co. Executive. He will not do it. How do I know? I asked him. I work in the building. So if you are planning to retire, don't get your hopes up. It will not happen in 2009.

[Unregistered6ers]

Steve can not only opt out he could go as far at to exclude certain departments from participating. So for examply he could offer the incentive but not allow DSS to participate. And that my friends in fact.

This is also wrong. If the County Executive opted IN, it would have to be County wide. No exclusions. Then it would be employee option.

When he did his own incentive, he was free to offer the incentive to any department or group of employees.

In my prior post, I was wrong about one thing. Police are not mandated to be included in the retirement incentive.

[sorryagain]

This is also wrong. If the County Executive opted IN, it would have to be County wide. No exclusions. Then it would be employee option.

When he did his own incentive, he was free to offer the incentive to any department or group of employees.

In my prior post, I was wrong about one thing. Police are not mandated to be included in the retirement incentive.

call the state, Levy can exclude any department based on 'loss of knowledge" due to the number of people who may be eligible to retire under the retirement incentive

[???2]

call the state, Levy can exclude any department based on 'loss of knowledge" due to the number of people who may be eligible to retire under the retirement incentive

Is this true?