Nursing aids get new pay scales at Lewis County nursing home — $20 to start nny360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nny360.com Daily Mail and Mail on Sunday newspapers.
MASSENA — The village and Civil Service Employees Association Local 1000 have reached a tentative agreement on a new four-year contract, which has been approved by village trustees.
The fund’s long-term expected rate of return is 6.8%.
The health of the fund is critical to its 673,000 active workers and 447,000 retirees, and it comes as more public sector employees are retiring, a review of state records showed.
The number of people receiving state pensions rose by 5.4% percent over the last four years, according to an analysis by the USA TODAY Network New York.
The average annual payout rose by 11% over the same timeframe: from $26,039 to $28,817.
There was also growth in top pension earners. The number of state employees drawing a pension of $100,000 or more grew by 65%, from 3,817 to 6,292 over the four-year stretch, the records showed.