Sentences with phrase «on city pension funds»

Comptroller hopeful and City Councilwoman Melinda Katz (D - Forest Hills) Monday called on the U.S. Securities and Exchange Commission to ratify proposed rule changes that would allow shareholders to nominate directors on corporate boards — a change she says would have tremendous impact on city pension funds.

Not exact matches

The state is also suffering a major fiscal crisis that is impacting its budget, pension fund and tax revenue — and the capital city of Hartford is teetering on the brink of bankruptcy.

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.

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.

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.

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

Last year, after the mass shooting in San Bernardino, California, Mayor Bill de Blasio called on the other three of the city's five pension funds to further divest their holdings in companies that manufacture weapons and ammunition.

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.

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.

* Concerning the city pension funds» adoption in 2012 of a 7 percent assumed rate of return, Bloomberg added: «If I can give you one piece of financial advice: If somebody offers you a guaranteed 7 percent on your money for the rest of your life, you take it and just make sure the guy's name is not Madoff.»

Faulkner also briefly touched on several topics related to the comptroller's office, including management of the City pension funds and oversight responsibilities, but did not address any of them in depth.

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.

Representing $ 180 billion, New York City's pension funds have yet to take necessary bold action on par with what the climate crisis requires, explained the organizers of the action.

Liu touts a combined 12.1 percent return on investments in fiscal year 2013, when the city's five pension funds grew from $ 111.3 billion to $ 124.8 billion.

The total boost for 45 of the bureau's 61 positions would top more than $ 2 million, and comes after the Stringer got an external firm to review what similar positions pay on Wall Street, at city nonprofits and at other sizable public pension funds.

All five Borough Presidents sit on the Board of Trustees of the city's pension fund — including Scott Stringer, who defeated Spitzer to win the Democratic nomination for City Comptroller, and Public Advocate Bill de Blacity's pension fund — including Scott Stringer, who defeated Spitzer to win the Democratic nomination for City Comptroller, and Public Advocate Bill de BlaCity Comptroller, and Public Advocate Bill de Blasio.

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.

De Blasio sent a letter to the city's Police Pension fund in January this year, calling on its board to vote for divestiture.

«Wall Street Harry Wilson is in favor of preserving the federal tax loophole that lets hedge fund managers pay less on their taxes than the rest of the state, wants to turn over the pension fund to the same Wall Street bankers that almost brought our economy to its knees, is against President Obama's Wall Street reform bill AND wants to enforce a $ 2,500 tax hike on households outside of New York City in his first year if he was elected.»

The opposition from the funds is being led by city comptroller John Liu, a Democrat, but Mayor Bloomberg, who also has a representative on the pension fund boards, is standing by the Murdochs.

On Tuesday, February 27, the New York Times reported Rockland County as sixth among the state's top 25 borrowers from New York's pension fund (Danny Hakim, «Cities Borrow From Pensions To Pay Them», citing a report by the Office of the State Comptroller).

At the top of the WFP's immediate agenda, look for fat raises (and an end to all talk of pension reform) for rank - and - file city employees (DC Council 37 and others); for Albany to finesse a moratorium on hospital economies (SEIU 1199) and de Blasio's signature millionaire - tax - funded baby - sitting, that is, «early childhood education» scheme (UFT Local 2).

(CNN)-- The New York City comptroller is responsible for managing the city's pension funds along with advising on the health of the city's finances, not financial regulatCity comptroller is responsible for managing the city's pension funds along with advising on the health of the city's finances, not financial regulatcity's pension funds along with advising on the health of the city's finances, not financial regulatcity's finances, not financial regulation.

«I can play a role here to help them,» he said, pointing to recent reports by his office exposing fiscal waste, and his experience serving on the city's franchise review committee and as a board member of the city's largest pension fund.

«In light of the incident involving Stephen Cassidy last night and his subsequent arrest, effective immediately, I have removed him from his position as executive director of the New York City Fire Pension Fund,» Nigro said in a brief statement posted Wednesday on the city fire department's websCity Fire Pension Fund,» Nigro said in a brief statement posted Wednesday on the city fire department's webscity fire department's website.

«My opponent... was on both the city of Chicago payroll and the state of Illinois payroll simultaneously, taking full salary, funding her full pension benefits both as a city worker and as a state worker for 10 years.»

The final budget eliminates tax credits for business, suspends the sales tax exemption on clothing, and allows state and local governments to borrow from the state pension fund to make required contributions to the same fund — resulting in a hidden $ 1,300 tax on homeowners outside New York City.

Advocate James controls one of the seven votes on the main city pension fund.

Fuleihan testified that the pension system is currently «71 percent fully funded,» and the city is on track to have the pension system fully funded by 2032.

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.

City bans broker fees on pension funds Comptroller Scott Stringer is to announce Monday that placement agents will no longer get a piece of...

In addition to this effort, I authored the legislation creating the District's first Climate Change and Resiliency Commission; I led the fight to have the District's retirement and pension funds divest from carbon and fossil fuel investment holdings; I wrote several bills to expand opportunities for solar installation; and I led the effort to name 2018 as the Year of the Anacostia River to celebrate and bring attention to the river on the eastern half of our city.

This was just months after the 5,000 person - strong #Sandy5 march in New York City, which called for the divestment of the city and state's pension funds on the 5 - year anniversary of the devastating Superstorm SaCity, which called for the divestment of the city and state's pension funds on the 5 - year anniversary of the devastating Superstorm Sacity and state's pension funds on the 5 - year anniversary of the devastating Superstorm Sandy.

Pension fund chiefs from California and New York City urged Exxon Mobil shareholders on Wednesday to back a measure that would force the company to finely detail how its business will be impacted as governments move to tackle climate change.

I had barely heard of it, but the LPAA was an agreement reached at the previous conference of the parties in Lima 2014 aimed at mobilising «non-state actors» — cities, provincial governments, civil society organisations, businesses, pension funds and so on.

On January 10, 2018, the Mayor of New York, Bill de Blasio, announced that the city would disinvest its pension funds of $ 191 billion in fuel fossil investments and sued BP, Shell, ExxonMobil, Chevron and ConocoPhillips.

Modeled on the successful effort to get colleges, pension funds, churches, cities, and states to divest from apartheid South Africa, the groups are asking ethical investors to freeze new investments in fossil fuel companies and divest from direct ownership or commingled funds, which include public equities and corporate bonds.

On the East Coast, the City of New York announced plans to divest its pension fund of fossil fuel assets, making it among the largest of investors to divest.

The treasurer, who sits on the police pension fund's board, refused to answer a subpoena for documents regarding deals between DV Urban Realty Partners and the city's pension funds.

Freshfields Bruckhaus Deringer and Lawrence Graham (LG) have taken lead roles on the # 265m sale of landmark City office site Woolgate Exchange (pictured) to a Canadian pension fund.

Scott Stringer, the New York City Comptroller and fiduciary of the fourth largest public pension fund, said on Wednesday he's concerned about how the company is being run.

Earlier this week, New York City Comptroller Scott Stringer appeared on CNBC's «Squawk Alley» on behalf of the city's pension funds and called for changes to Facebook's board, including bringing in new board members and an independent chairCity Comptroller Scott Stringer appeared on CNBC's «Squawk Alley» on behalf of the city's pension funds and called for changes to Facebook's board, including bringing in new board members and an independent chaircity's pension funds and called for changes to Facebook's board, including bringing in new board members and an independent chairman.

Chancellor Capital Management / Invesco, Inc. (City, ST) 1995 — 2000 Partner and Managing Director — Institutional Fixed Income • Manage in excess of $ 44 billion, approximately $ 20 billion of which were managed with a total rate of return objective • Focus in mortgage - backed and asset - backed securities • Create and implement strategy for all MBS and ABS investments for total rate of return portfolios • Responsible for risk management including establishing and monitoring appropriate risk levels • Collaborate with CIO in management of all core portfolios benchmarked against the Lehman Aggregate Index • Run weekly strategy meetings defining portfolio construction in conjunction with Investment Policy Committee guidelines • Oversee assets in excess of $ 10 billion including pension funds, public funds, and insurance funds • Conduct client reviews and new business presentations on a regular basis • Serve as point person for key strategic partnerships based out of New York

For instance, pension funds» interest in multifamily assets may cool and become more focused on office buildings, large industrial portfolios near port cities and grocery - anchored shopping centers.