Sentences with phrase «public employee pension fund for»

What: Forced out of office in 2006 for trading access to New York's $ 124 billion public employee pension fund for $ 1 million in benefits — including campaign
What: Forced out of office in 2006 for trading access to New York's $ 124 billion public employee pension fund for $ 1 million in benefits — including campaign contributions and luxury trips to Israel and Italy.

Not exact matches

Buffett also singles out pension funds run for public employees.
Legislators in New Jersey and teachers in Florida are now calling for public employee pension funds to sell their shares of firearms companies.
Public employee pension funds are vulnerable to being used as a vehicle for advancing political / social goals unrelated to shareholder interests generally.
The California Public Employees Retirement Systems (Calpers) at $ 342.5 bln AUM is the largest public pension fund in the USA (as social security is not funded, opting for a «pay as you go» apprPublic Employees Retirement Systems (Calpers) at $ 342.5 bln AUM is the largest public pension fund in the USA (as social security is not funded, opting for a «pay as you go» apprpublic pension fund in the USA (as social security is not funded, opting for a «pay as you go» approach).
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.»
Cuomo did call for some things that will be unpopular with public employee unions (freezing pay, creating a Tier VI in the pension fund, reducing the size of state government — a move that will undoubtedly necessitate job cuts, but he makes no mention of that I can find in «The New NY Agenda: A Plan for Action»).
In particular, he singled out the high cost property taxes and the main cost - driver, public employee pensions, taking issue with DiNapoli's office pointing to a record - high return for the fund at the end of the 2013 - 14 fiscal year.
To be sure, there are well - funded efforts advocating around the subject of a constitutional convention, including unions who fear that delegates might revise pension protections for public employees.
Similarly, the amount state and local governments will have to pay into the state's main pension fund for other public employees would double to nearly $ 4 billion — even if most localities opt into a borrowing scheme approved this year by lawmakers to soften the blow.
In a major blow to Gov. Chris Christie that complicates his 2016 ambitions, a New Jersey judge ruled that he violated state law when he declined to make the full payment into the state's pension system for public employees last year and ordered him to find a way to fund it now.
The conference plans to back measures that would strip public employees convicted on corruption charges of their pensions, as well as new regulations for the use of campaign funds.
New Yorkers also oppose (56 - 37) reducing pension benefits for public employees, despite the fact that experts like the Empire Center's EJ McMahon have warned the state is headed for a serious fiscal mess if generous taxpayer - funded benefits packages aren't scaled back soon.
State Comptroller Tom DiNapoli, sole trustee of the state public employee pension fund, is again pushing for energy giant ExxonMobil to disclose how efforts to mitigate global warming will impact its corporate bottom line.
Gov. Andrew Cuomo's administration pointed out that it has already adopted some of the suggestions, including building up the rainy - day fund and trimming pensions with a less - generous pension plan — known as Tier VI — for public employees.
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.
The fund pays for pensions of both state workers and local public sector employees.
Pension plans across the nation are facing shortfalls, with both corporate plans and those for public employees like teachers and firefighters owing more to retirees than the investment funds can possibly pay.
ALBANY, NY (02/13/2012)(readMedia)-- The New York State Public Employees Federation (PEF) today commended State Comptroller Tom DiNapoli for his stand in favor of a secure pension fund for public woPublic Employees Federation (PEF) today commended State Comptroller Tom DiNapoli for his stand in favor of a secure pension fund for public wopublic workers.
THAT at the upcoming conventions of the National Educational Association and the American Federation of Teachers, NYSUT sponsor and support resolutions encouraging teacher unions, public employee unions, private sector unions and not - for - profit organizations to call upon their pension and retirement funds to not invest in private equity funds that are complicit in and profit from the denial of the rights to organize into a union and bargain collectively.
WHEREAS millions of dollars that teachers, public employees, unionists and others in the not - for - profit sector contribute to their pensions and retirement funds are now being invested in private equity funds established and managed by Steven Klinsky, providing profits to the founder and leader of the union - busting Victory, Inc.; and
WHEREAS the private equity funds established and managed by Steven Klinsky, preeminently New Mountain Capital, solicit major investments from teacher retirement and pension funds, public employee retirement and pension funds, union retirement and pension funds and other retirement and pension funds from the not - for - profit sector; and
Specifically, the UFT shall not ask teacher unions, public employee unions, private sector unions and not - for - profit organizations to call upon the trustees or other persons responsible for investment decisions of the pension and retirement funds covering their members and / or employees to not invest in these investment funds.
[BOX 5] Alliance of Third Class Non-Profit Mailers, 1981 - 1982 Bureau of Oceans and International Environmental and Scientific Affairs (OES) files I, 1981 II, 1980 - 1981 III, 1978 - 1980 IV, 1979 - 1980 Council of Allied Engineering and Scientific Societies, 1969 - 1981 Council of Allied Engineering and Scientific Societies, 1981 - 1982 Department of Education, 1977 - 1978 Energy Research Advisory Board Multiprogram Laboratory Panel, 10/15/81 -11 / 19/82 Institute of Medicine - I, 1982 - 1983 Institute of Medicine - II, 1979 - 1982 Roger W. Jones Award, 1979 - 1980 W. K. Kellogg Foundation, 1982 Mellon (Andrew W.) Project, 1978 National Academy of Public Administration (NAPA) Files: I, 1981 - 1984 National Academy of Public Administration (NAPA) Files: II, 1981 - 1982 National Committee on Public Employee Pension Systems (PEPS), July 1982 National Governors» Association Meeting - Task Force on Technological Innovation, 2/21/82 National Publication Act of 1979 Office of Technology Assessment, 1972 - 1973 Peace and Conflict Resolution, 1980 Pensions for Professionals, 1971 - 1972 Saturday Review of Science, 1972 - 1979 Scientists and Engineers Emigrant Fund, 1978 - 1979 SOHIO, Standard Oil of Ohio Grant, 1982 - 1986 Technology in Science - Advisory Board, 1981 Tyler Prize, 1984 - 1985 White House Study of Science and Engineering Education, 1980 Znaiye (Soviet Scholarly Society), 1971 - 1977
A group of active and retired Chicago city employees and four unions that represent them — AFSCME Council 31, the Chicago Teachers Union, the Illinois Nurses Associations and Teamsters Local 700 — filed suit today in Cook County Circuit Court to overturn Senate Bill 1922 (Public Act 98 - 0641), legislation to sharply reduce pension benefits for city workers and retirees who participate in the Municipal Employees Annuity and Benefit Fundemployees and four unions that represent them — AFSCME Council 31, the Chicago Teachers Union, the Illinois Nurses Associations and Teamsters Local 700 — filed suit today in Cook County Circuit Court to overturn Senate Bill 1922 (Public Act 98 - 0641), legislation to sharply reduce pension benefits for city workers and retirees who participate in the Municipal Employees Annuity and Benefit FundEmployees Annuity and Benefit Fund (MEABF).
The gap between the promises states have made for public employees» retirement benefits and the money they have set aside to pay these bills was at least $ 1.4 trillion in fiscal year 2016, according to Pew's comprehensive analysis on pension and retiree health care funding.
Established by the Illinois state legislature in 1895 as The Public School Teachers» Pension and Retirement Fund of Chicago, CTPF is the administrator of a multi-employer defined benefit public employee retirement system providing retirement, survivor, and disability benefits for certain certified teachers and employees of the Chicago Public ScPublic School Teachers» Pension and Retirement Fund of Chicago, CTPF is the administrator of a multi-employer defined benefit public employee retirement system providing retirement, survivor, and disability benefits for certain certified teachers and employees of the Chicago Public Scpublic employee retirement system providing retirement, survivor, and disability benefits for certain certified teachers and employees of the Chicago Public ScPublic Schools.
Some public employee pension plans around the country are less than 50 percent funded, and states and localities sometimes struggle to meet their benefit obligations, especially for pensions.
3) National: David Webber urges a rule change by the Labor Department to ensure that public pension trustees act in the interest of public employees, and not use pension fund money to promote outsourcingto private, for - profit companies that kill public jobs.
Together, this would be a stronger approach that would increase funding for existing pension obligations, slow down debt accrual, and provide higher quality benefits to many public employees.
For Pension Funds, Higher Fees Don't Mean Higher Returns, Study Finds Public - employee pension plans paying the highest investment fees aren't generating the highest returns, according to a new study by a pair of Maryland thinkPension Funds, Higher Fees Don't Mean Higher Returns, Study Finds Public - employee pension plans paying the highest investment fees aren't generating the highest returns, according to a new study by a pair of Maryland thinkpension plans paying the highest investment fees aren't generating the highest returns, according to a new study by a pair of Maryland think tanks.
In a widely expected ruling, the Illinois Supreme Court has upheld a Cook County state court ruling holding that a state law, Public Act 98 - 641, reducing annuity benefits for employees and retirees of the City of Chicago, in exchange for increased contributions to certain pension funds, was unconstitutional.
Currently, the amount available for rebate under section 80C is Rs. 100,000 which can be invested in life insurance premiums, pension superannuation fund, employee provident fund, equity linked mutual fund schemes, National Savings Certificates and public provident fund (maximum Rs 70,000).
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