Not exact matches
New
York's existing «basket clause» limits to 25 percent the share of
pension fund
money that can be invested in alternative assets.
Generally more than half the
money in New
York's public -
pension funds is invested in stocks.
By 1932 seventeen states had old age
pension laws, although none were in the south, and 87 % of the
money available under these laws were expended in only three states (California, Massachusetts and New
York).
But rather than suggest that supporters donate
money or warm clothing directly to OWS, the WFP — which has done its best to bleed city residents dry with high taxes and runaway public - employee
pension benefits — told the e-mail's recipients that «just $ 5 a month supports our fight for a better New
York.»
NO
PENSION FORFEITURE IS A SLAP IN THE FACE TO HARD WORKING NEW
YORK TAXPAYERS Assembly Minority Leader Brian M. Kolb (R,C - Canandaigua) Convicted former legislative leaders Sheldon Silver and Dean Skelos will collect New
York taxpayer
money to the tune -LSB-...]
The 71 - year - old Democrat filed his
pension papers to the comptroller's office exactly one day after getting convicted of seven felonies, including bribery, extortion, and
money laundering, Politico New
York reports.
New
York City Comptroller Scott Stringer added roughly $ 270 million of police and firefighter
pension money into high - priced hedge funds in May after complaining about the fees — and pulling...
New
York City Mayor Bill de Blasio said Monday his administration had reached disability
pension agreements with three municipal unions, deals that raised the amount of
money received by employees who are injured on the job.
In 2013, she wrote an op - ed for the New
York Times in which she criticized Cuomo for suggesting cities borrow
money to address rising state
pension costs.
``... The elected officials, the Senate and the Assembly, should save the people of New
York from this governor, who promised them he was going to freeze wages, he was going to take
money from the
pension.
With fully two - thirds of its
money invested in domestic and foreign stocks, private equity and «absolute return strategies» (i.e., hedge funds), the New
York State
pension fund has a risky asset allocation profile typical of its counterparts across the country — because chasing risk is its only hope of earning 7 percent a year in a market where the most secure long - term bonds yield barely 2 percent.
The chief investment officer of the New
York state
pension fund doesn't like the fees hedge funds charge to manage
money.
Wednesday's ruling by the New
York Appeals Court gives corrupt politicians like Sheldon Silver, former speaker of the Assembly, and Dean Skelos, a former state Senator, le ss wiggle room to appeal the
money they have been ordered to fork over, which is based in part on both of their
pensions.
MANHATTAN — Political consultants who helped run city Comptroller John Liu's campaign are now lobbying for
money managers who want a piece of the city's $ 103 billion
pension fund, which Liu's office controls, the New
York Post reported Sunday.
Can we really trust Stringer not to invest all of New
York's
pension money in pedophilia - related funds?
If elected as comptroller, Melinda Katz says she will take a New
York City - centric stance when it comes to investing the city's
pension money.
«I think that proportionally the cuts that are inflicted on New
York are an outrage,» the mayor said, adding that more layoffs will be in store unless the state passes a series of major
money - saving reforms, including legislation that would allow the city to reduce its
pension obligations.
LOS ANGELES — The chief investment officer of the New
York state
pension fund doesn't like the fees hedge funds charge to manage
money.
The New
York State
Pension Fund, and the taxpayers who have to backstop it, have lost billions of dollars because Tom DiNapoli made risky investments on Wall Street in an attempt to meet an unrealistic return expectation that any private sector
money manager in America — except maybe Bernie Madoff — would know is a fallacy.»
Unlike New
York City's public employee
pension, which voted to exit its hedge fund portfolio, the state
pension isn't planning to yank its
money from hedge funds, Fuller said.
Relations were much friendlier in the earliest days of the investigation, in summer 2007, when Mr. Cuomo's office began scrutinizing the tiny circle of associates around State Comptroller Alan G. Hevesi, who had positioned themselves as middlemen between financial firms seeking investments from the New
York State Common Retirement Fund — the third largest
pension fund in the country — and the public officials who controlled how the
money was invested.
The New
York Performance Standards Consortium is equipping students of all backgrounds with the tools and knowledge they need to succeed in the 21st century, and AFT Connecticut forged a solution to a state budget crisis that improved healthcare access, protected
pensions, and is saving the state
money.»
Prior to joining Eversheds Sutherland (US), Brian served as Vice President for Global Liquidity Products at Goldman Sachs in New
York, where he developed products and executed transactions in which banks, insurance companies, catastrophe bond issuers,
money market funds and
pensions deployed liquidity.