FOR IMMEDIATE RELEASE
November 10, 2009
STATEMENTS OF MAYOR BLOOMBERG AND CORPORATION COUNSEL CARDOZO ON PASSAGE OF BILL BY STATE LEGISLATURE TO PREVENT DOUBLE DIPPING OF PUBLIC FUNDS
Statement of Mayor Michael R. Bloomberg:
"While it is disappointing that our State legislators haven't acted on the most important and pressing legislation before them, we have a small bit of good news tonight. A bill we have sought for many years, that will save New York City millions of dollars each year, was overwhelmingly passed by both the Assembly and Senate. This bill stops certain forms of double dipping, for example: when public workers collecting disability pensions sue for future lost earnings - and then collect damages in addition to the pension. This bill effectively puts a stop to taxpayers paying salaries twice, something that already exists in the private sector. In New York City alone, this change will save over $14 million per year - money we need to pay our teachers, police officers and firefighters."
Statement of Corporation Counsel Michael A. Cardozo:
"The collateral source bill saves local governments millions of dollars per year and levels the playing field between private and public employers. It is the right thing to do. I would like to thank the Senate and Assembly for passing this measure as well as the Mayor's legislative affairs staff, Stephen Acquario of the New York State Association of Counties, and Barry Schwartz from my office for their efforts on this legislation."
Stu Loeser (212) 788-2958