Sentences with phrase «city pension systems»

Also at 9 a.m., the executive committee of the board of trustees of the NYC Board of Education Retirement System participates in a common investment meeting of the New York City pension systems, 1 Centre St., Manhattan.

Not exact matches

In agreement with ISS are big shareholders like the New York City and State pension funds and the California Teachers» Retirement System.
Union officials, who have vowed to fight any effort to reduce benefits to retirees and vested workers, claim the city has undermined the pension fund by outsourcing city services to workers who don't pay into the system.
If President Trump takes some or all of that $ 1 billion funding away, all San Francisco residents will lose because we'll all be forced to pay higher taxes to help fund our inefficient city government and its underfunded pension system.
The Firefighters» Pension System of the City of Kansas City, Missouri, Trust, 414 East 12th Street, Kansas City, MO 64106, which held 100 shares of our common stock on November 7, 2008; along with the following co-filers: Miami Fire Fighters» Relief and Pension Fund, 2980 N.W. South River Drive, Miami, FL 33125 - 1146, which held 10,785 shares of our common stock on November 8, 2008; and the City of Philadelphia Public Employees Retirement System, Two Penn Center Plaza, 16th Floor,
The New York City Employees» Retirement System; the New York City Fire Department Pension Fund; the New York City Teachers» Retirement System; the New York City Police Pension Fund; and the New York Board of Education Retirement System, as joint filers (NYC Retirement System), c / o The City of New York, Officer of the Comptroller, 633 Third Avenue, 31st Floor, New York, New York 10017, which in the aggregate held 12,707,578 shares of common stock on November 15, 2011, the New York State Common Retirement Fund, whose address is the same as that of the NYC Retirement System, which held 19,560,008 shares of common stock on November 22, 2011, and the Illinois State Board of Investment on behalf of the State Employees» Retirement System of Illinois, c / o 180 N. LaSalle Street, Suite 2015, Chicago, Illinois 60601, which in the aggregate held 928,927 shares of common stock on November 18, 2011, the Judges» Retirement System of Illinois and the General Assembly Retirement System of Illinois, as co-filers, intend to submit a resolution to stockholders for approval at the annual meeting.
There would, however, be a separate bill in which Cuomo seeks an agreement to allow some police officers, firefighters and members of the New York City Employees» Retirement System, which includes corrections officers, to qualify for enhanced accidental disability pension benefits, according to an anonymous administration official who spoke to the New York Times.
«As a fiduciary of the New York City Employee Retirement System for the last 8 years, Scott has worked with his fellow trustees to grow the City's pension funds through prudent investments, improving diversification and ensuring more rigorous assessment of risks to investments such as corporate accountability and violations of environmental regulations.»
Yesterday marked the end of a second straight sub-par fiscal year for most of the nation's state and local public pension funds, including all five New York City funds and the New York State Teachers» Retirement System (NYSTRS).
The divestment represents the latest move by the city's pension funds to dissociate the city's $ 160 billion worth of assets, one of the largest public pension systems in the country, from gun retailers, and firearm and ammunitions manufacturers in response to a wave of mass shootings.
The board of the New York City Employees Retirement System, the city's largest pension fund, voted on Thursday to divest the $ 54.5 billion fund's holdings in companies that sell firearms, a spokesman for City Comptroller Scott Stringer sCity Employees Retirement System, the city's largest pension fund, voted on Thursday to divest the $ 54.5 billion fund's holdings in companies that sell firearms, a spokesman for City Comptroller Scott Stringer scity's largest pension fund, voted on Thursday to divest the $ 54.5 billion fund's holdings in companies that sell firearms, a spokesman for City Comptroller Scott Stringer sCity Comptroller Scott Stringer said.
At the time James proposed the divestment, New York City's five pension funds owned more than five million shares in Walmart, and NYCERS, the pension system's largest fund, held 1.4 million Walmart shares.
Their actions protect both the integrity of the pension system and the fiscal condition of a city that needs to shepherd its resources to meet a broad range of needs.
The New York City bill would have imposed roughly $ 400 million in new costs on city taxpayers in the next four years, adding billions in liabilities to an already under - funded pension sysCity bill would have imposed roughly $ 400 million in new costs on city taxpayers in the next four years, adding billions in liabilities to an already under - funded pension syscity taxpayers in the next four years, adding billions in liabilities to an already under - funded pension system.
The city's five pensions, including the New York City Board of Education Retirement System, have a combined 715,301 membcity's five pensions, including the New York City Board of Education Retirement System, have a combined 715,301 membCity Board of Education Retirement System, have a combined 715,301 members.
Industry sources blame the city's byzantine system under former New York City Comptroller Bill Thompson, who oversaw many of the pensions» private equity investments from 2002 to 2city's byzantine system under former New York City Comptroller Bill Thompson, who oversaw many of the pensions» private equity investments from 2002 to 2City Comptroller Bill Thompson, who oversaw many of the pensions» private equity investments from 2002 to 2009.
Miner opposed the governor's plan to bail out financially struggling cities by permitting them to borrow against their own public pension systems.
The Post discovered the flip - flop by filing a Freedom of Information request to scrutinize payouts from the pension system to which Molinaro belonged, the New York City Employees Retirement Ssystem to which Molinaro belonged, the New York City Employees Retirement SystemSystem.
By extending Tier 2 disability benefits to Tier 3 members, it would perpetuate a system in which disability pensions have become downright common for city firefighters, in particular.
would just love to divide and conquer the public school system, and us, as they try to destroy unions, pensions, and anything that smacks of the word «government» or «public» — leaving them in charge, God help us, as they bring in their charter school Trojan Horses, as they remove public ownership and public oversight of eduction in this city, and in this country.
Mr Hain, who resigned as Work and Pensions Secretary last year over allegations about the funding of his deputy leadership campaign which were later dismissed, also suggested Labour had been too «caught up» in the success of the City to hold the financial system to account.
«I checked with the pension system in the city,» Abbate said.
Comptroller Scott Stringer and the trustees of the New York City Employees» Retirement System (NYCERS), one of the city's five pension funds, voted unanimously tCity Employees» Retirement System (NYCERS), one of the city's five pension funds, voted unanimously tcity's five pension funds, voted unanimously to...
Albanese also supports non-partisan elections and calls for pension system reform, to streamline management of the city's sizeable public pensions.
In his acceptance speech, DiNapoli cited his work to audit state spending, manage the state's pension system to a record high and help financially struggling cities and towns.
«It's like a family saving $ 5,000 for future roof repairs when they can't afford to put food on the table,» said John Murphy, former executive director of NYCERS, the city's biggest pension system.
The governor and the legislative leaders, meanwhile, announced an agreement on a budget scheme allowing the state and many local governments — but not New York City — to «borrow» nearly $ 6 billion over the next three years from the state pension system in order to use the funds to make required annual contributions back to the pension fund.
When Mr. Miller showed me the reply to his letter to Ms. Quinn, dated December 6, 22012, it yet again contradicts her initial letter to me from six years ago, suggesting that her office can not help me, despite an incomplete investigation by DOI investigators, intimating that the Transit Authority is a state governed agency (I maintained a CITY pension with New York City Employees» Retirement System, and the agency that I worked for is the MTA New York City Transit).
Diane D'Alessandro, executive director of the New York City Employees» Retirement System, said she'll retire effective Dec. 31 from the agency that manages pension benefits for some 300,000 workers and retirees.
Among those fleeced were New York City's police pension fund and the New York City Employees Retirement System.
The governor called for a new tier in the state pension system that he said will save the state and local governments outside of New York City $ 83 billion and New York City $ 30 billion over the next 30 years.
E.J. McMahon: «Yesterday marked the end of a second straight sub-par fiscal year for most of the nation's state and local public pension funds, including all five New York City funds and the New York State Teachers» Retirement System (NYSTRS).»
If the City Council requested changes to the pension system and the Legislators representing NYC carried it through the State Legislature, Ed Koch being unhappy with it is meaningless.
His experience as a trustee of the New York City Employee Retirement System — where he has helped to grow the city's pension funds and advance important shareholder initiatives around corporate governance, environmental stability and workplace safety — positions him to be a great comptrolCity Employee Retirement System — where he has helped to grow the city's pension funds and advance important shareholder initiatives around corporate governance, environmental stability and workplace safety — positions him to be a great comptrolcity's pension funds and advance important shareholder initiatives around corporate governance, environmental stability and workplace safety — positions him to be a great comptroller.
New York City's pension system, which encompasses $ 160 billion in retirement funds, is rife with problems that leave it vulnerable to an «operational failure,» according to an independent report commissioned by the city comptroller's offCity's pension system, which encompasses $ 160 billion in retirement funds, is rife with problems that leave it vulnerable to an «operational failure,» according to an independent report commissioned by the city comptroller's offcity comptroller's office.
All together, the city's 2009 retirees will receive roughly $ 1.7 million a year in pension payments from the state's $ 129 billion system, primarily paid for by taxpayers.
Mayor Michael R. Bloomberg proposed sweeping changes on Wednesday to New York's costly pension system, seeking to save billions of dollars by fundamentally altering long - established rules that have awarded generous retirement benefits to municipal workers and have deepened the city's financial hole.
But his proposal faces a potentially major obstacle because any changes in the city's pension system must be approved by the Legislature and the governor.
Two paychecks The Syracuse official in charge of revamping the city's overtime system is getting two government paychecks — a partial state pension of $ 30,000 and a $ 94,386 salary from the city.
New York City has become the first major public pension system in the nation to fully divest from private prisons...
«For - profit prisons create a perverse incentive to lock away our citizens, especially from traditionally underserved minority communities, and today's announcement that our city's pension system will divest from this predatory industry is welcome.»
The NYPD said Javino has never been an officer in the city, and the state comptroller's office says he's not listed in its pension system, which covers officers from many smaller jurisdictions.
Over the years, the city has managed to set up five separate pension systems that it runs jointly with unions.
The board of the New York City Employees Retirement System, the city's largest pension fund, voted to divest the $ 54.5 billion fund's holdings in companies that sell firearms, a spokesman for City Comptroller Scott Stringer sCity Employees Retirement System, the city's largest pension fund, voted to divest the $ 54.5 billion fund's holdings in companies that sell firearms, a spokesman for City Comptroller Scott Stringer scity's largest pension fund, voted to divest the $ 54.5 billion fund's holdings in companies that sell firearms, a spokesman for City Comptroller Scott Stringer sCity Comptroller Scott Stringer said.
Bloomberg announced a package of reforms to the pension system, including a proposal to hike the retirement age for new non-uniformed city workers to 65 years.
MANHATTAN — Mayor Michael Bloomberg painted a bleak economic picture in his annual State of the City address Wednesday as he outlined a series of contentious reforms to overhaul the pension system and rules governing teacher firing to save the city moCity address Wednesday as he outlined a series of contentious reforms to overhaul the pension system and rules governing teacher firing to save the city mocity money.
«DFS has decided to take a new approach to pension fund oversight,» Lawsky wrote in letters to state Comptroller Tom DiNapoli, the trustees of the Teachers Retirement System, and New York City Comptroller John Liu, who runs the city's fuCity Comptroller John Liu, who runs the city's fucity's funds.
In fact, he largely strayed away from criticizing Stringer's record in arguably the most important aspect of the job, instead pivoting to the city's increased operating budget, though he did say the growing public personnel — which has increased dramatically under Mayor Bill de Blasio — has had a negative impact on the city's pension system by increasing obligations.
Much of the debate centered on two key parts of the comptroller's job: managing the massive pension system and monitoring the city's budget and financial health.
UFT President Michael Mulgrew praised the vote by the three teacher members of the New York City Teachers» Retirement System to sell the $ 13.5 million pension fund holdings in publicly traded securities of gun and ammunition manufacturers as «the right thing to do» in the wake of the December school shootings that left 20 children and six adults dead in Newtown, Conn..
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