The money in the account is invested, and the amount the employee has at retirement is based on investment returns. A market downturn can affect the value of the benefit and employees risk outliving their money. When Retirement Benefits Get Reduced In an effort to cut costs, some state ...
TheNew York State Department of Labor(NYSDOL) is the agency that manages the unemployment benefit insurance program for the state. They determine whether a claimant is eligible and calculate the amount of weekly benefits they will receive. This process is started when an out-of-work emplo...
Additionally, New York State has promulgated apaid vaccination time mandate.On March 12, 2021, former Governor Andrew Cuomo signed a new law granting employees paid leave time to receive COVID-19 vaccinations, enacted under Labor Law § 196-c. According to the law, each employee is to be p...
State ComptrollerThomas P. DiNapoliis administrative head of NYSLRS and trustee of theNew York State Common Retirement Fund, which was valued at $267.4 billion as of March 31, 2024. The Fund is widely recognized as one of the best-managed and best-funded public pension plans in the nation....
New York court rules suspension of pension benefits violates Employee Retirement Income Security ActHelen Nguyen
our team is proud to have worked with the Freelancers Union to help pass two state bills, one to increase wage theft protections and a second to enhance retirement benefits. As New York’s workforce continues to grow and more people are choosing freelancing, these bills are crucial to ensure...
Lew has been representing claimants in Social Security Disability, Long Term Disability, New York State Employee Retirement, and related disability claims since his graduation from Albany Law School in 1979. Read More Michael E. Quiat Michael E. Quiat, a NJ state disability lawyer has been prac...
New York Life currently employs about 11,000 people. Glassdoor employee reviews for New York Life averaged 3.5/five stars based on nearly 3,000 reviews. A majority of 61 percent of current employees say they would recommend the job to a friend. New York Life has also ranked on the followi...
February 8, 2024 – According to the Empire Center, an independent, non-partisan, non-profit think tank based in Albany, the number of retirees eligible for $200,000+ pensions from the New York State and Local Retirement System (NYSLRS) reached 54 last year, according to new data posted ...
Excelforce offers end-to-end human capital management on a single platform. We are your New York State payroll, HR, benefits and workforce management experts.