There's a story hidden in a story in this piece about Saturday's Democratic luncheon...Comptroller Tom DiNapoli told the WDT and opinion is forthcoming on a practice at the local IDA that has drawn some scrutiny. The practice of other public economic development agencies having the IDA employee people who are in essence leased via a contract has garnered attention because of participation in the State Retirement System.
Audits were conducted some time ago and one agency I head had sought to participate directly in the system but that was rebuffed in favor of a more detailed employee contracting arrangement.
It's definately a topic needing clarity, but a fair and sensible approach is needed as well.
Watertown Daily Times Democratic hopefuls seek support
3 comments:
Pension Credits for all?? I guess the "Donald" will want this too.
Opinion? About what, what am I missing here? The IDA employees are able to get ny state retirement so what is the opinion for? What am I missing here? Since you are the "head" of one of these agencies in question what is this opinion for?
Beats me...Mr. DiNapoli made the statement to the WDT, not to me...I was just there to see Ted Ford.
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