When it comes to outrageous pensions and overtime at the MTA and public entities, we find ourselves at a crossroad. Thanks to the Empire Center for Public Policys expose of a railroad worker soaking up $344,000 in overtime, the iron is suddenly hot for change.
This is our chance to declare the MTA insolvent and start from scratch under a receivership that can legally revamp the archaic rules, regulations and contract provisions that have resulted in employees collecting unfathomable overtime resulting in six-figure pensions taxpayers foot over the life of the retirees.
These giveaways have been common for decades the result of sheepish politicians giving away the store to the unions in previous negotiations and legislati…
Read the full article at: https://libn.com/2019/05/29/levy-place-mta-into-receivership-and-start-from-scratch/
