Sentences with phrase «among public pension funds»

In response, DiNapoli said the retirement system is already a leader among public pension funds in seeking to push a low carbon economy and getting corporations to address climate change issues, such as through shareholder resolutions aimed at companies like ExxonMobil.

«Funston's independent analysis confirms that the New York State Common Retirement Fund is a leader among public pension funds in this country and is setting a standard for transparency and ethics,» DiNapoli said in a statement.

Not exact matches

BlackRock and Neuberger Berman Group are among firms that California Public Employees» Retirement System, the largest U.S. pension fund, might look to partner with as it seeks help to manage its $ 40 billion private equity portfolio, people familiar with the matter said last month.

The International Monetary Fund for years has documented that asking ever healthier taxpayers to wait a little longer for their pension benefits is among the handful of measures that will allow developed economies to save their public retirement systems for bankruptcy.

For instance, CalPERS (California Public Employees» Retirement System pension fund) published its 10 investment beliefs; among them is the belief that «a long term investment horizon is a responsibility and an advantage» that leads them to «favor investment strategies that create long - term, sustainable value.»

New York should lead all states toward more thorough and truthful public - pension accounting — linked to a more prudent funding method, as recommended by, among others, the Blue Ribbon Panel of the Society of Actuaries.

Among those myths is the notion — oft - repeated by DiNapoli — that public - pension funds are «long - term investors» that can stick with their assumptions through thick and thin, riding out the kind of market volatility that saw the state funds» return on assets veer from a 26 percent loss in 2009 to a 26 percent gain in 2010.

Meagre take - up rates of funded schemes, especially among low earners and small businesses, mean that these alternatives fail to compensate for the retrenchment in public pensions.

Among the findings: States will face continued pressure due to skyrocketing Medicaid costs, underfunded pensions for retired public employees and volatile tax revenues, as well as reduced federal funding.

Public - sector unions around the nation face growing political pressures not only from Republicans but also from their traditional allies among Democrats, as governors grapple with recession, declining tax revenues and pension funds perilously close to bankruptcy.

Indeed, the May convergence in Raleigh may be one of the largest educator rallies in North Carolina in some years, some say, and it comes in a year when teachers in many GOP - controlled states have been organizing for, among other things, better pay, better pensions and an overall increase in public school funding.