The National Conference on Public Employee Retirement Systems (NCPERS) commended New York City Mayor Bill de Blasio for his proposal to create a retirement savings program for private-sector workers.
Despite his platform of improving New Yorkers' quality of life, he gave the dilapidated conditions at the New York City Housing Authority only passing mention.
All services will be affordable on a sliding scale.
He also touted his guaranteed health care for all program, which he pre-announced two days ago.
"Workers in New York City already earn up to a week of paid time off".
Saying more than 500,000 full- and part-time employees in New York City now have no paid time off, de Blasio said he will pursue local legislation that would require private employers with five or more employees to offer 10 annual days of paid personal time, allowing employees to take paid time off for any goal, including vacation, religious observances, bereavement, and time with family.
The plan stalled three years ago due to federal rule changes, but the city is taking another stab at it now that OR got one up and running and Seattle is moving in that direction, city officials said.More news: Monaco target Michy Batshuayi after swooping for Chelsea team-mate Cesc Fabregas
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Using publicly available data, the land access group 596 Acres mapped out 208 lots of city-owned land sold or pending sale for $1 to developers since the beginning of the de Blasio administration in 2014.
He will work with City Council, he said, to pass legislation in 2019 that would require all employers with at least five employees to either offer access to a retirement plan or to auto-enroll their employees in the city plan with a default contribution of 5 percent.
Conservative organizations and groups that represent employers said the paid vacation mandate proposed in NY would hurt the city's economy. Those questions were at the heart of Mayor Bill de Blasio's State of the City speech on Thursday.
The mayor also proposed free vison tests and prescription eyeglasses to any kindergartner or first-grader who needs them.
Councilmember Jumaane Williams said he was optimistic about de Blasio's progressive tone.
On education, the mayor said the city will continue to build out his 3K initiative offering the full day program in Washington Heights, the South Bronx, East New York, Staten Island, Bushwick and Soundview.
The mandate would have to be passed by the City Council, a process that could take several months.
Thanks to the Affordable Care Act, about 8 million New Yorkers now have health insurance, and the uninsured rate is about almost half of what it was in 2013.