A coalition of public pension systems told the nation's largest banks that the foreclosure crisis has endangered not just home owners but shareholders and local economies. (realtormag.realtor.org)
Local governments are confronting the need for large sums of short - term cash as expenditure pressures mount — from such needs as continuing public services and financing shortfalls in public pension systems — but the economic recovery remains slow. (nystateofpolitics.com)
The state's chief fiscal watchdog, DiNapoli is the sole trustee of the Common Retirement Fund — the third largest public pension system in the nation, and holder of more than $ 200 billion in assets. (buffalonews.com)