Sentences with phrase «york city pension»

Wall Street Fees Wipe Out.5 Billion in New York City Pension Gains The Lenape tribe got a better deal on the sale of...

The New York Times had a big story yesterday on how Wall Street investment fees wiped out $ 2.5 billion in investment gains for New York City pension funds.

The comptroller also «is the custodian and investment advisor to the Boards» of the five pension funds which are collectively referred to as «NYC Public Pension Funds» or «New York City pension funds».

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.

De Blasio said Friday that New York City pension funds have divested with the exception of the police, fire and education departments.

At 8:30 a.m., NYC Comptroller Scott Stringer discusses «advancing transparency and accountability in the New York City pension funds» at a Citizens Budget Commission breakfast meeting at the Harvard Club, 35 W. 44th St., Manhattan.

New York, NY — Just one day before dozens of New Yorkers will take action at the New York City pension fund meeting calling for full divestment from fossil fuels, actor and environmentalist Leonardo DiCaprio added his voice, calling on New York to step into its leadership and divest from fossil fuels.

The Comptroller serves as investment advisor, custodian and a trustee to the New York City Pension Funds, which have more than $ 160 billion in assets and a long history of active ownership on issues of corporate governance and sustainability.

Stringer, who is leading the effort to vote down Mylan's current board, oversees New York City pensions that together own more than 1.1 million shares of Mylan stock.

Moody's found that in New York City pensions there have not been as well funded, with unfunded liabilities increasing in recent years.

Not exact matches

Among them are New York City Comptroller Scott Stringer, who oversees the city's pension fund that currently holds nearly $ 1 billion in Facebook stCity Comptroller Scott Stringer, who oversees the city's pension fund that currently holds nearly $ 1 billion in Facebook stcity's pension fund that currently holds nearly $ 1 billion in Facebook stock.

In agreement with ISS are big shareholders like the New York City and State pension funds and the California Teachers» Retirement System.

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.

Last week, New York City comptroller Scott Stringer called for similar changes in Facebook's board structure on behalf of the city's municipal pension fund, a significant investor in FacebCity comptroller Scott Stringer called for similar changes in Facebook's board structure on behalf of the city's municipal pension fund, a significant investor in Facebcity's municipal pension fund, a significant investor in Facebook.

Big - name public pension funds from California to New York City have said they are bailing out completely.

Ivanhoé, the real estate investment arm of pension plan manager Caisse de dépôt et placement du Québec, has been most successful in buying properties in New York, and now has more than 5.5 million - square - feet of the city's real estate in its portfolio, says Adam Adamakakis, executive vice president of US Investments at Ivanhoé.

> Matthew J. Price was associate director of the Duke Pastoral Leadership Project at Duke Divinity School in Durham, North Carolina, and is now director of analytical research at the Episcopal Church Pension Group in New York City.

John Adler was named chief pension investment adviser and director of the New York City mayor's office of pensions and investments.

There are five pension funds in New York City, which, unlike the state pension fund, are run by boards of trustees comprised of elected and appointed officials and union representatives.

Lawmakers are also considering an extension of a tax break for lower Manhattan real - estate that is favored by the Real Estate Board of New York and a provision to bolster New York City police and firefighter pensions.

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.»

The omnibus extraordinary session package also provides a financial incentives to entice Vernon Downs racino and harness track to remain open; offers $ 55 million in relief for Lake Ontario communities ravaged by flooding; tweaks a law to allow New York City first responders to receive an accidental disability pensions even if they don't receive a federal Social Security disability pension; and creates a 250 - acre forest land bank to allow for certain public utility projects under a constitutional amendment.

New York City announced it filed a multibillion dollar lawsuit against five top oil companies, citing their «contributions to global warming,» as it said it would divest fossil fuel investments from its $ 189 billion public pension funds over the next five years.

New York City sued five major oil companies, claiming they have contributed to global warming, and also announced it will sell off billions in fossil fuel investments from the city's pension fuCity sued five major oil companies, claiming they have contributed to global warming, and also announced it will sell off billions in fossil fuel investments from the city's pension fucity's pension funds.

Senate Republicans passed a broad disability pension hike favored by the city unions, but Assembly Democrats honored the New York City Council's home rule message in favor of de Blasio's alternatcity unions, but Assembly Democrats honored the New York City Council's home rule message in favor of de Blasio's alternatCity Council's home rule message in favor of de Blasio's alternative.

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).

Similar results can be expected from New York City's five municipal - worker pension funds, which also bank on 7 percent returns.

However, by far the most expensive of all the public pension changes proposed this year — a restoration of generous disability retirement benefits for recently hired New York City police and firefighters — did not win approval before the legislative session ended.

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.

Tax - funded public - pension costs for every level of state government rose from absolutely minimal levels in 2000 to a grand total of more than $ 16 billion last year, half of it in New York City alone.

At the kick off event in New York City, a prominent figure in busting corruption in the legislature announced he's found a back door way to confiscating the pensions of convicted state politicians.

Senator Savino, a former high ranking union official, says municipal union leaders in New York City have not yet been adequately briefed on a policy that would represent a big change for public pensions.

New York's state and city pension funds collectively have well over a million active and retired members.

Because of the collapse of the financial markets in the Great Recession, cities and counties have been billed increasing amounts in the last few years to keep the New York State Pension Fund healthy.

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 New York legislature was closing down on an end - of - session deal that would strip convicted lawmakers of their pensions, extend mayoral control of New York City schools for one more year, and legalize daily fantasy sports gambling.

When a watered - down Tier 5 was finally enacted later that year, it didn't cover New York City cops and firefighters hired after the Tier 2 expiration date — because then - Mayor Michael Bloomberg reckoned the city would save more by assigning them to another, older pension plan known as TieCity cops and firefighters hired after the Tier 2 expiration date — because then - Mayor Michael Bloomberg reckoned the city would save more by assigning them to another, older pension plan known as Tiecity would save more by assigning them to another, older pension plan known as Tier 3.

Not by coincidence, New York City's fire and police pension funds also have large unfunded liabilities.

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.

Topics included Peter Ragone's role in the administration, de Blasio's engagement in the city council speaker race, plans concerning his wife's possible staff and office, Health Commissioner Tom Farley, Schools Chancellor Carmen Farina's pension and salary and Governor Cuomo's plans to allow medical marijuana in New York.

At the kick - off event in New York City, a prominent figure in busting corruption in the legislature announced he's found a back door way to confiscate the pensions of convicted state politicians.

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 System.

In the Empire State, the push for alternatives was spearheaded New York City's pension funds, with the backing of Comptroller Scott Stringer.

The fossil fuel industry is knowingly profiting off the destruction of the planet; New York City and State pension funds must divest fully from fossil fuels.

«I am honored to have been selected by Commissioner Nigro to lead the establishment of an independent agency to operate the Fire Pension Fund and enhance the quality and level of service afforded to firefighters and fire officers as they approach retirement after providing years of selfless service to the citizens of New York City,» Cassidy said at the time.

New York lawmakers wrapped up the 2016 legislative session at around 5 a.m. Saturday morning, agreeing to take steps to cancel the pensions of convicted lawmakers in the future, legalizing daily fantasy sports and extending New York City's mayoral control law for another year.

And we can count on him to make smart investments with our pension dollars that catalyze job growth right here in the city of New York.»