Report on the Pension Funds of the City of New York Volume 1; Commission on Pension, City of New York .... New York Commission on Pensions
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Author: New York Commission on Pensions
Number of Pages: 36 pages
Published Date: 01 Mar 2012
Publisher: Rarebooksclub.com
Publication Country: Miami Fl, United States
Language: English
ISBN: 9781130320312
File size: 46 Mb
File Name: Report.on.the.Pension.Funds.of.the.City.of.New.York.Volume.1;.Commission.on.Pension,.City.of.New.York.....pdf
Download Link: Report on the Pension Funds of the City of New York Volume 1; Commission on Pension, City of New York ...
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1916 Excerpt: ...of duty inadequately protected. The principle of the city's responsibility for the support of the widows, children and dependent parents of employees killed or dying as a result of injuries received in the performance of duty is recognized in all four pension funds. The benefits granted vary, however, in amount and confer privileged treatment on groups of employees not enjoyed by others. 1 One or more children of an employee considered as one unit. Compiled from tables 22, 23 and 24, opposite page 130. The widow of a policeman is allowed a pension which must not exceed $600 per annum. The fireman's widow under identical conditions receives one-half of her deceased husband's salary, the pension being limited, however, to not less than $600 nor more than $1,000 per annum. The pensions of widows of street cleaners and employees of the Health Department are limited to a flat amount of $300 per annum. Similar discrimination in favor of firemen and policemen is shown in the higher benefits granted to their children or parents. One-half of the fireman's salary may be granted to his children or dependent parents not exceeding, however, $500 per annum to each beneficiary. The benefits to a policeman's children or parents are restricted, in total, to $600 per annum. The pensions available under the provisions of the Health and Street Cleaning funds are $300 and $200 per annum, respectively. With the possible exception of the provisions of the Fire and Police department funds, the benefits are obviously inadequate and in most instances replace but a fraction of the financial loss to the dependents of an employee who lost his life in the city's service. Added to the inadequacy of the benefits is their uncertainty. Not only has the commissioner of the department the rig...
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