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| MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY (1164072) | |
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| (1164093) | |
Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY |
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Posted by JayZeeBMT on Sat Jun 30 10:29:01 2012, in response to MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY, posted by Gold_12TH on Sat Jun 30 00:43:10 2012. He's done. He can kiss his pension goodbye, too. He might even end up on the blacklist. |
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| (1164099) | |
Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY |
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Posted by BLE-NIMX on Sat Jun 30 10:56:26 2012, in response to Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY, posted by JayZeeBMT on Sat Jun 30 10:29:01 2012. If he paid into tier 4, he doesn't lose it. He loses value at age 60 because he didn't finish out his time. Tier 1 fired employees were in more of a position to lose everything. Most of the ones I have seen were given choices to resign and avoid that predicament |
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| (1164105) | |
Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY |
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Posted by BigBusDriver on Sat Jun 30 11:30:32 2012, in response to Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY, posted by BLE-NIMX on Sat Jun 30 10:56:26 2012. Termination for "cause" results in the person getting a refund of monies paid into the pension fund. He gets fired, he loses his pass, AND his pension. MTA is NOT going to carry a terminated employee to pay out ANY pension money in the future, because the terminated party has NO future with MTA, except as a fare paying passenger. |
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| (1164113) | |
Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY |
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Posted by Train Dude on Sat Jun 30 11:48:14 2012, in response to Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY, posted by BigBusDriver on Sat Jun 30 11:30:32 2012. If you are fired before you become vested then the contributions are refunded. Once you become vested, however, you cannot lose your pension. There are some very significant & complex rule changes that take place if you do not complete your minimum 25 years of service and if you are under age 55 when you are terminated or resign. In some cases, your pension is even reduced by 1/2 of your social security when you begin to collect.A friend retired after 21 years of service against advice. He was dropped from Tier IV to Tier III (the plan he was hired under) and was given 1 2/3% per year of service instead of 2% for 21 years, then when he began to collect social security, his pension was reduced another $700/month. |
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| (1164115) | |
Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY |
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Posted by BLE-NIMX on Sat Jun 30 12:13:30 2012, in response to Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY, posted by BigBusDriver on Sat Jun 30 11:30:32 2012. Its not about carrying, its about SERVICE TIME. The employee paid that time, not the TA. If as TD said the employee is vested, he does NOT lose that money. He can NOT get a refund of said money if he is vested, only a reduced payout by the retirement age. He might be able to take a full loan and pay taxes if he makes the trip to NYCERS before he goes to Livingston STreet to turn in his tools. If a 25/55 person gets fired, he reverts to 30/62 in which he receives payments at 62 with the reduced funds according to the years he would have needed. That is NYCERS law, not the TA's opinion. Only a Tier 1 can lose everything since he pays nothing out of his own pocket. |
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| (1164162) | |
Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY |
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Posted by orange blossom special on Sat Jun 30 17:04:59 2012, in response to MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY, posted by Gold_12TH on Sat Jun 30 00:43:10 2012. i vote to reinstate him |
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| (1164197) | |
Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY |
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Posted by Olog-hai on Sat Jun 30 22:14:49 2012, in response to Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY, posted by orange blossom special on Sat Jun 30 17:04:59 2012. Seconded. |
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| (1164231) | |
Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY |
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Posted by chud1 on Sun Jul 1 04:04:39 2012, in response to Re: MTA Subway Conductor Accused Of Punching Passenger Pleads GUILTY, posted by Olog-hai on Sat Jun 30 22:14:49 2012. let him think of what he did on da tree of woe, crucify him.chud1 |
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