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HEADLINES

 

Scroll down for our monthly newsletter below the following links

 

 

YOUR HEALTH

 

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NEWSLETTER

 

9/30/2019

 

To: Directors, Presidents, Members.

From: President Peter Ruszczak

 

MESSAGE: From Comptroller Tom DiNapoli...... Comptroller Tom DiNapoli has reported that the value of the Pension Fund has risen to $216.2 billion, following a robust return of 3.4% in the first quarter of the state fiscal year which ended on June 30th. Comptroller DiNapoli stated, "The fund is off to a strong start this fiscal year. Markets have been volatile, however warranting caution from investors. Our constant goal is to ensure that New York State's Pension fund remains one of the nation's strongest and best funded, providing state and municipal employees with retirement security for generations to come"

 

This is good news. In June, the Pew Charitable Trusts once again ranked the New York Pension Fund one of the best funded in the nation, with a ratio of 96.1 percent. Only eight states had a funded ratio of 90 percent or higher based ration 2017 data, with New York ranked forth behind Wisconsin, South Dakota, and Tennessee.

 

In other news related to the Pension Fund, Comptroller DiNapoli announced that the Employer contribution rate for the Employee's Retirement System for the next fiscal year will remain the same, while the Police and Fire Retirement System will have a slight increase. Taking a conservative approach future market environments the Comptroller also lowered the anticipated rate of return on investments from 7 percent to 6.8 percent. NY State payout is 1 billion dollars monthly.

 

ATTENTION: THE POLICE AND FIRE RETIREES OF UPSTATE NY UTICA WILL BE HOSTING A DINNER ON MONDAY OCTOBER 7th, 2019. At the American Legion Post 229 on Herkimer Rd at 6:15 pm cost $15.00 All UPFRA members are invited Election: Nominations for 2020 will be held. RSVP are required by 10/5/19. Menu: Chicken Cutlets,Tomato Salad, Pasta with Marinara sauce ,Bread and Butter. Hope to see you at the meeting. Our next meeting Watertown.

 

Its official, DD-214's are now Online. The National Personnel Records Center ( NPRC ) has provided the following website for veterans to gain access to their DD-214s online: https://www.archives.gov/veterans/military-service-records. This may be particularly helpful when a veteran needs a copy of his DD-214 for employment purposes.Military and the next of kin of military members may now use a new online military personnel records system request documents. Other individuals still need to complete the standard Form180.

 

Fraternally, Pete

 

RETIREE HEALTH BENEFITS PROTEST

 

10/7/2019

 

Almost two full years have now elapsed since Monroe County unilaterally terminated health care benefits for some 1,800 older and disabled retirees, in spite of long-standing contractual guarantees to the contrary. Retirees from all County departments and agencies , regardless of their particular union affiliations, have been affected by the County's blatant disregard of the language and intent of our contract.

 

On Tuesday, October 8 at 4PM, the Sheriff's Association of Retirees (SOAR) will sponsor a demonstration/rally in front of the County Office Building prior to the County Legislative meeting.This will be our LAST CHANCE to send a loud and clear message to the County Executive and her legislative cohorts prior to the November election.

 

Please share this information with your colleagues/members, both active and retirees, and have them join us on October 8th. If it happened to these 1,800 County retirees who thought their health benefits were secure because they had a contract, it happens to any current or retired municipal employee.

 

We encourage individuals to share how this loss of coverage has impacted them by speaking directly to the administration and legislature during the Public Forum segment of the meeting. Each speaker is allowed a maximum of 2 minutes and prior registration is required by calling the Legislature Clerk's Office at 585-753-1950.

 

Bob Kehoe, Vice President - Monroe Sheriff's Office Association of Retirees

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ALLIANCE MEETING (OCT 2018)

Read the meeting minutes report (pdf)

 

 

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