State Auto-IRA Plans
Legislation establishing a retirement savings program for private sector entities in New York City that includes recommendations from the ARA has been sent to the mayor’s desk for his signature.
The New York City Council approved an amended bill (Int. No. 888-A) on April 29 to create a mandatory auto-enrollment payroll deduction IRA program for employees of private sector employers that do not offer a retirement plan and employ five or more employees.
According to a summary of the legislation sponsored by Council member Ben Kallos, the default employee contribution rate would be 5%, which employees could opt-out of at any time or adjust up or down to the annual IRA maximum of $6,000 (or $7,000 if age 50 or above) for 2021. The plan would be portable, allowing employees to continue to contribute or roll over their accounts into other retirement savings plans when they switch jobs.
City Controller Scott Stringer stands accused of serious sexual misconduct. Lobbyist Jean Kim alleges that 20 years ago, he put his hands down her pants, tried kissing her without consent and repeatedly pressured her for sex. This is a moment not only to assess the damage done to one leading mayoral candidate, but to measure the ostensible progress we’ve made since the #MeToo movement began four years ago.
Tech newsletter: NYPD puts down robot dog, providers sue over broadband law
Here is a look at tech and politics news from the last week.
Welcome to the Tuesday edition of Internet Insider
, where we dissect tech and politics unfolding online. Today:
New York wants broadband to be accessible for all cable companies would rather sue than provide it
NYPD gets rid of police robot dog after public pressure
Here’s what happens when the cops try to subpoena Signal
BREAK THE INTERNET
New York wants broadband to be accessible for all cable companies would rather sue than provide it
Sexual Harassment Allegations Roil N.Y.C. Mayorâs Race: 5 Takeaways
Scott Stringer, the city comptroller, has faced criticism for his aggressive defense against accusations from a former campaign worker.
Scott Stringer, the city comptroller, has denied accusations that he sexually assaulted a woman 20 years ago.Credit.Gabriela Bhaskar for The New York Times
May 3, 2021, 3:00 a.m. ET
For much of the New York City mayorâs race, Andrew Yang has been a dominating presence, leading in limited early polling and siphoning attention from his rivals.
That largely remained true last week, but an unexpected story line â the sexual assault allegations lodged against Scott M. Stringer, the city comptroller â gave the race another focal point.
NYPD cancels contract with Boston Dynamics for police robot
Shane McGlaun - May 3, 2021, 7:04am CDT
The New York Police Department had a contract in place with Boston Dynamics for a quadruped robot known as “Digidog.” The robot came under fire by representative Alexandria Ocasio-Cortez after a video of the robot being used on patrol in a Manhattan housing project went viral. The video sparked backlash, with some comparing it to the TV series “Black Mirror.”
The New York City Council later subpoenaed images of the robot after the video went viral. New York Mayor Bill de Blasio also asked the NYPD to rethink its use of the robot. The subpoena issued by the City Council was meant to determine the cost of the robot.