MTA workers collected more than a $1 billion
in OT pay in 2021: report
WPIX-TV [New York, NY],
by
Mira Wassef
Original Article
Posted By: Ribicon,
4/24/2022 10:12:34 AM
New York—The Metropolitan Transportation Authority shelled out more than $1 billion in overtime pay to its employees last year, according to payroll data released Friday. More than 300 workers collected at least $100,000 in overtime, four of whom pocketed more than $200,000, records show. Approximately 700 earned more in overtime than their regular salary, according to the data posted on SeeThroughNewYork, the Empire Center’s government transparency website.(Snip)The MTA forked over a record-high $1.38 billion in overtime pay in 2018, which lead to a series of investigations and criminal charges, officials said. MTA Chief Operating Officer Lisette Camilo said the agency continues to reduce and manage overtime spending.
Reply 1 - Posted by:
Ribicon 4/24/2022 10:20:20 AM (No. 1136883)
Or this: Of the $8 billion in federal grant money that went to the MTA after Sandy, We the People bought $1.5 million worth of pump trucks for the MTA, with a healthy share of that no doubt going to graft. The trucks sit idle and unmaintained (because that costs money), no one is trained to use them (because that costs money), and the trucks sat idle during Hurricane Ida, which caused millions of dollars in damages from flooding, the costs probably also paid for by We the People because NYC mass transit somehow matters to the lesser 49.
https://nypost.com/2021/09/20/mta-flood-pumps-from-1-5m-sandy-grant-havent-been-used-ig-says/
7 people like this.
Reply 2 - Posted by:
Birddog 4/24/2022 10:45:47 AM (No. 1136903)
"One MTA worker received $707,000...300 workers over $100,000"
"We had a Hiring Freeze because of Covid...sooo...we paid at least 1.5 TIMES as much to people that were already hired", during a time when stores were all closed "By Law", offices were all closed "By Law", restaurants/Bars were all closed "By Law", broadway shows were all closed "By Law"
6 people like this.
Reply 3 - Posted by:
lakerman1 4/24/2022 11:05:27 AM (No. 1136913)
If memory serves me, the MTA pension plan lets people retire using final year earnings in the formula. (Defined benefit plan pension)
And there is an informal SOP where the person within one year of retirement, gets all the overtime he or she can handle.
That, in turn, results in many MTA employees retiring with a higher pension payment each year that is a lot higher than their regular salary.
The MTA is a multi-state agency, and like other multi state agencies, no one seems to be in charge.
7 people like this.
Reply 4 - Posted by:
snowoutlaw 4/24/2022 11:33:31 AM (No. 1136938)
All government run businesses should be Privatized and run at a profit.
4 people like this.
Reply 5 - Posted by:
Quigley 4/24/2022 11:50:41 AM (No. 1136946)
It’s part of the get out the vote program and the strangle the taxpayer program, and the massively increase prices but reimburse the people that help you pull it off program.
2 people like this.
Reply 6 - Posted by:
JimBob 4/24/2022 12:03:03 PM (No. 1136952)
Lakerman1 (#3), you answered the question I was going to post in my comment.
"How many of these people who had more overtime pay than regular pay, were able to use that doubled (or more) salary to calculate a life-long Retirement that is double (or more) that which they would have normally received?"
Good ol' Noo Yawk Union Corruption on display!
1 person likes this.
Reply 7 - Posted by:
lakerman1 4/24/2022 12:39:48 PM (No. 1136988)
second post apologies, but,#6, to offer some information on defined benefit plans, they usually work like this -
The employer promises to have a defined benefit plan, with the worker, at retirement, receiving a pension payment that is computed by using an average of the hign three years earnings of the final five years of work, with an X% multiple, and total years of service.
And some DB plans exclude overtime pay completely.
1 person likes this.
Reply 8 - Posted by:
DVC 4/24/2022 12:45:01 PM (No. 1136994)
Shocking news.....NYC is a corrupt, badly run hell hole.
In related news - the sun will rise in the east tomorrow.
1 person likes this.
Reply 9 - Posted by:
Thos Weatherby 4/24/2022 1:12:45 PM (No. 1137013)
Let's get some good people in office and start Privatizing the heck out of Government controlled entities. No one is accountable.
1 person likes this.
Reply 10 - Posted by:
mifla 4/25/2022 6:17:00 AM (No. 1137447)
Supervisor: "How many hours did you work yesterday?'
Employee: "About 70."
Supervisor: "Keep up the good work."
0 people like this.
Reply 11 - Posted by:
MickTurn 4/25/2022 12:06:05 PM (No. 1137764)
So how does this work...they drive the busses / trains slow to create fake overtime?
0 people like this.
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NYC allows mass overtime fraud with a wink and a nod, knowing that "federal funding" is always on tap to protect New Yorkers from paying for it. Example, damage caused by Superstorm Sandy was covered using "federal money," even though MTA left new trains exactly where its own Climate Change survey maps said would flood. And NYC MTA got at least $14.5 billion in federal "covid relief" money, which covers the entire bill for overtime many times over.