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Keyword: newyorkmta

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  • Mayor Eric Adams: Private Businesses Should Think About Returning To Office, NYC's Economy Needs It

    01/04/2022 9:09:09 AM PST · by DoodleBob · 58 replies
    CBS Local ^ | January 3, 2022 | CBS 2
    Despite the troubling and ever-increasing number of COVID-19 cases in New York City, Mayor Eric Adams is urging corporations and financial institutions to end their reliance on telecommuting and bring their employees back to work. He says the city’s economic health depends on it,
  • LIRR overtime ‘cheat’ hung out at home on the clock, retired with full pension anyway

    07/10/2019 6:11:31 AM PDT · by ChicagoConservative27 · 29 replies
    nypost ^ | 07/09/2019 | David Meyer,Kevin Sheehan, Ruth Brown
    A Long Island Rail Road worker who raked in more than $280,000 in pay last year — more than half from overtime — was busted hanging out at home while on the clock, according to a report obtained by The Post. But he was allowed to retire before he could be punished — and collect his full pension on the public dime. Raymond Murphy, a foreman with the LIRR’s Buildings and Bridges department who’d been at the agency since 1996, was caught by the MTA’s Inspector General at or near his home on 10 occasions when he was on duty...
  • Cuomo: MTA workers’ sky-high overtime is theft

    05/12/2019 8:22:36 PM PDT · by DUMBGRUNT · 45 replies
    NY Post ^ | 12 May 2019 | Mark Moore
    ​”​This is about stealing. This is about fraud. This is about people saying they work and charging the taxpayers when they didn’t work. It’s stealing. It’s criminal​,” the governor said during a news conference at his midtown Manhattan office. “​So this has nothing to do with overtime. It has to do with theft and fraud, and that’s criminal.​”​ ...Recently retired LIRR employee Thomas Caputo claimed he worked an additional 3,864 hours to rake in $344,147 in overtime pay in 2018 for a grand paycheck of $461,646, according to the Empire Center. Another LIRR worker, Marco Pazmino, put in for 4,157...
  • For Sandy Fix, MTA Could Borrow Billions (NYC)

    11/28/2012 6:11:13 PM PST · by Olog-hai · 8 replies
    WSJ ^ | November 28, 2012, 1:58 PM ET | Ted Mann
    The Metropolitan Transportation Authority is preparing borrow up to $4.8 billion over the next three years to finance post-storm rebuilding, with the expectation that most loans will be repaid by insurance and the federal government. But the MTA’s top financial official warned Wednesday that the transit agency might ultimately be on the hook for as much as $950 million of the total cost of reconstruction—potentially adding tens of millions to its annual debt-service load. …