Sentences with phrase «state pension fund investments»

Stand - up comedian Randy Credico, who helped bring about reform of the state's Rockefeller Drug Laws, is now setting his sights on the New York state comptroller's office, where he is protesting against state pension fund investments in the private prison industry.

The controller previously raised concerns over state pension fund investments when the strike loomed.

And Cuomo traded blows with two other rival Democrats, Comptroller Thomas DiNapoli and Attorney General Eric Schneiderman, blaming them most recently for not catching on to a bribery scheme involving state pension fund investments.

He was involved in Hevesi's pay - to - play state pension fund investment scam through the «Common Retirement Fund,» of which Hevesi had sole authority over from 2003 to 2006.

NJBiz Bills would restrict state pension fund investment options NJSpotlight New Jersey Hit With...

Not exact matches

Japan's government loosened laws on pensions in May, allowing almost all working - age Japanese to join private defined - contribution retirement plans — similar to individual retirement accounts (IRAs) in the United States that allow workers to make regular contributions to an investment fund with tax breaks.

Other top pension PE players over the same period were the Teacher Retirement System of Texas (15.5 percent); the Houston Firefighters» Relief and Retirement Fund (13.6 percent); the Minnesota State Board of Investment (14.4 percent); and the Iowa Public Employees» Retirement System (14.1 percent).

To try to close the gap, many states have shifted pension fund assets into stocks and alternative investments like hedge funds.

In short, because they pool longevity risk, can offer a well - diversified portfolio with longer - term investments, and are professionally managed, public pension funds deliver the same level of benefits as DC plans at only 46 percent of the cost.15 Any funds invested with the state pension fund would be kept in a separate investment pool from public sector funds.

The code allows the state's trustees, who manage the state pension fund, «to invest any funds of the trust in any instrument, obligation, security, or property that constitutes legal investments.»

The board of trustees would contract out the fund's investment and management to the state pension fund (s).

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.

Alongside BGH, started by Ben Gray in 2017, is pension programme AustralianSuper, Singapore state investment fund GIC, Ontario Teachers» Pension Plan and Canada Pension Plan Investmentpension programme AustralianSuper, Singapore state investment fund GIC, Ontario Teachers» Pension Plan and Canada Pension Plan Investminvestment fund GIC, Ontario Teachers» Pension Plan and Canada Pension Plan InvestmentPension Plan and Canada Pension Plan InvestmentPension Plan InvestmentInvestment Board.

The problem is that the state - mandated pension plans for school - district employees are defined benefit plans, which means the amount of future benefits is guaranteed and has to be funded by the taxpayers and / or investment income.

Blue states lead lagging US on environmental, social and governance (ESG) investing; pension funds hold investment managers accountable.

Last month, Democratic New York Gov. Andrew Cuomo announced plans to have the state pension funds also divest from fossil fuel investments.

Brought together as part of the Farm Animal Investment Risk & Return (FAIRR) initiative, they include the fund arms of insurer Aviva and Norwegian lender Nordea, asset management groups Boston Common and Impax, several Swedish state pension funds and several other charities and ethical investors.

NYC Mayor Bill de Blasio and Comptroller Scott Stringer say the divestment of roughly $ 5 billion in fossil fuel investments out of a total of $ 189 billion over five NYC pension funds is the largest of any municipality in the United States to date.

A state Supreme Court justice Tuesday upheld a felony - coercion charge against Giridhar Sekhar, of FA Technology Ventures, who allegedly sought to force a top aide to state Comptroller Tom DiNapoli to place a $ 25 million pension - fund investment with his firm.

New York Governor Andrew Cuomo previously has said he planned to halt future fossil fuel investments in the state's public employee pension fund.

Faso was never accused of a crime or personally held liable for the improper pension contact, but the Albany Times Union cited «a source close to the investigation» in reporting that «Faso arranged or tried to arrange meetings between the investment firm Kellner DiLeo & Co. and officials at the state Common Retirement Fund, as well as the teachers, police and firefighter funds.»

The companies also would be ineligible for investments from the state's pension fund.

«We are pleased to be an investment partner with the Community Preservation Corporation on this shared mission to help revitalize New York's communities and increase the availability of affordable housing,» said New York State Comptroller Thomas P. DiNapoli, trustee of the New York state pension State Comptroller Thomas P. DiNapoli, trustee of the New York state pension state pension fund.

Forand also cited DiNapoli's audits of state and local governments and school districts that save taxpayers millions of dollars statewide while using the investment clout of the pension fund to influence corporate behavior such as in addressing climate change.

A recent survey of 97 sovereign investors — which include sovereign wealth funds, state pension funds, central banks and government ministries collectively holding # 9 trillion of assets - by Invesco found they see the UK as a less attractive destination for investment.

A combination of budgeting practices, a well - funded pension system and structurally wealthy economy that relies on Wall Street led to Moody's upgrading the state's credit rating to Aa1, according to a report released Wednesday by the the investment service.

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.

In a statement, he assailed «Mr. DiNapoli and his surrogates (for trying) to score political points by making irresponsible and erroneous accusations about my future investment strategies for the state pension fund.

State Comptroller Thomas DiNapoli says it's good for the planet and it's also a good investment for a fund which always needs to pay those monthly pension checks.

DiNapoli says he'll use his influence as trustee of New York's $ 192 billion dollar state pension fund to «seek out sustainable investments and changes in corporate behavior» to help the Paris Agreement «become a reality».

Apprenda, a software firm whose headquarters are on River Street, has received $ 1.2 million in investments from the New York State Pension Fund's in - state private equity investment proState Pension Fund's in - state private equity investment prostate private equity investment program.

Rounding out the plan is a large section focused on workplace issues, including previously announced proposals to combat sexual harassment in the workplace and urging the state pension fund to prioritize investments in companies that have «adequate» women and minority leadership.

«As fiduciary of the state pension fund, securing sound investments for the more than one million members, retirees and beneficiaries is my first priority.

Two bills with bipartisan support in the State Legislature would create a list of companies that are boycotting Israel and then deny them state contracts and investments from the state pension State Legislature would create a list of companies that are boycotting Israel and then deny them state contracts and investments from the state pension state contracts and investments from the state pension state pension fund.

A s a director of the New York State Common Retirement Fund, Navnoor Kang allegedly took $ 1 million worth of bribes to steer $ 2 billion in pension - fund investments to twFund, Navnoor Kang allegedly took $ 1 million worth of bribes to steer $ 2 billion in pension - fund investments to twfund investments to two...

Hevesi admitted to using his control over the state's pension fund, now at $ 130 billion, to steer $ 250 million in investments to a private equity fund that paid him handsomely: $ 75,000 in trips to Israel and Italy for him, his adult children, and people from his staff; $ 500,000 in campaign contributions, and $ 380,000 in make - believe consulting fees to a lobbyist allied with Hank Morris, Hevesi's political guru.

They discuss firearm investments in the state pension fund, political spending by corporations, and the Tappan Zee project.

Just two days after New York legislators passed first - in - the - nation gun law reforms in response to the Sandy Hook Elementary School shootings, the state's chief financial officer says pension fund investments in firearm companies have been frozen.

«Pension fund managers across the country have cut or eliminated exposure to these overpriced and underperforming investments, while the Office of the New York State Comptroller has stood still and spent pension system funds chasing performance that continues to fall far short,» said Financial Services Superintendent MariaPension fund managers across the country have cut or eliminated exposure to these overpriced and underperforming investments, while the Office of the New York State Comptroller has stood still and spent pension system funds chasing performance that continues to fall far short,» said Financial Services Superintendent Mariapension system funds chasing performance that continues to fall far short,» said Financial Services Superintendent Maria Vullo.

The New York pension fund for state and local government workers shows an investment return of less than 1 percent for the last quarter with an estimated value of $ 182.5 billion.

Gov. Andrew Cuomo is proposing that the massive state Common Retirement Fund stop new investments of pension assets in companies connected to fossil fuels.

DiNapoli on Thursday announced he had issued a shareholder request that would lever the state's pension fund investment in the company to disclose political giving by Aetna.

A bill with bipartisan support in the state Legislature would create a list of companies that are boycotting Israel and then deny them state contracts and investments from the state pension fund.

The SEC complaint, filed Thursday in U.S. District Court in Manhattan, alleged that Quadrangle improperly obtained a $ 100 million investment from the New York state pension fund with «quid pro quo» arrangements.

Rattner's former firm, Quadrangle Group, has said Rattner arranged payments of more than $ 1 million to a political operative to obtain a $ 100 million investment from the New York State Common Retirement Fund, one of the largest pension systems in the country.

The state comptroller, Thomas DiNapoli, and the New York City comptroller, William Thompson Jr., have proposed banning pension fund investments that involve placement agents.

According to the SEC complaint, the $ 100 million investment from the New York pension fund came only after the Quadrangle executive arranged for a Quadrangle affiliate to distribute the DVD of a low - budget film called «Chooch,» which was produced by the brother of former New York state deputy comptroller David Loglisci.

Recently, the Rhode Island State Investment divested pension funds from Third Point LLC, a hedge fund owned by StudentsFirstNY board member Daniel Loeb.

Over the past legislative session, the issue of divesting state pension funds of fossil fuel investments received considerable debate both in the State House and around Verstate pension funds of fossil fuel investments received considerable debate both in the State House and around VerState House and around Vermont.

Using the State Pension fund to legitimately lend the State money as an investment rather than the State issuing bonds for smoothing spending is an intelligent idea, but with the same terms and conditions as any bond issuance would have.