Sentences with phrase «public pension trustees»

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.

And let's hope that other public pension trustees and other public officials are following this instructive tale.»

Not exact matches

To support private sector efforts in expanding access to housing, the Ministry of Finance will partner with banks, pension trustees and securities market players to start a process of developing and deepening the local mortgage and housing finance market to offer affordable mortgages at subsidized interest rate beginning with public sector workers.

Tax returns for state Comptroller Thomas DiNapoli show the sole trustee for the $ 152 billion pension fund received almost $ 9,000 from investments and interest on top of his $ 146,838 public salary in 2012.

As a trustee of the City's largest public pension fund, I have repeatedly called for the divestment of all public pension dollars from gun retailers and manufacturers, and I am encouraged by the Mayor's call today to divest from assault weapon manufacturers.

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 Blasio.

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.

Matthew Cordaro, a former Long Island Lighting Co. executive who is now a LIPA trustee, said the additional pension costs point to the potential pitfalls of the public - private partnership under which LIPA has operated since its 1998 takeover of the electric grid.

The state's chief fiscal watchdog, DiNapoli is the sole trustee of the Common Retirement Fund — the third largest public pension system in the nation, and holder of more than $ 200 billion in assets.

Public Advocate James, who appoints a pension fund trustee, came close to endorsing divestment in her remarks.

The comptroller is the sole trustee of a $ 184 billion pension fund for more than 1 million public workers and retirees, with the taxpayers on the line to cover shortfalls.

Trustees of public pensions have a fiduciary duty to realize expected returns.

THAT NYSUT establish a task force which shall include member - participants in each of the public retirement systems, including the retirement plan trustees, if applicable, to discuss possible methods, including legislation, to harness and use public pension plan resources to improve poor labor practices and to provide workers the right to organize and bargain collectively in enterprises controlled by private equity funds, as well as other corporate interests; 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.

A Hedge Fund Sales Pitch Casts a Spell on Public Pensions New York Times: «The report was really intended to give information to pension trustees so they could ask the tough questions and fulfill their fiduciary duties to the funds and their participants,» said Randi Weingarten, president of the teachers» union.

He has particular experience advising on the pensions aspects of corporate transactions, transfers of staff from the public sector, supporting other law firms and advising employers and trustees of schemes on strategy, funding negotiations, scheme closures, mergers and wind ups.

Pension matters have become a major issue for employers, trustees, public sector bodies and financial institutions in recent years.

Ben also managed the AIG London Commercial management liability team, responsible for underwriting D&O, Pension Trustee, and Public Offering insurance.

We are recognised as having significant strength across all aspects of the pensions sector including trustee and corporate advisory, regulatory, de-risking and public sector.

On these pages, we list some of the areas in which we support our clients with occupational pension schemes, whether as sponsor, trustee or professional adviser, in either the private or public sectors.

Our Employment and Pensions team works with senior HR professionals, Heads of Legal and Finance Directors and pension scheme trustees in the private, public and third sector.

Her trustee clients include the trustees of the Credit Agricole Scheme, CGI's three defined benefit schemes, the multi-employer Citrus Pension Plan and the Unisys Public Sector Pension Scheme.