New York City pension funds will analyze their $160 billion investment portfolio for its carbon pollution impact and study ways to manage their exposure to climate change risks, city Comptroller Scott Stringer (D) said Feb. 2. The initiative is the first comprehensive climate analysis by the ...
that New York City taxpayers will have to pony up more than $1.5 billion because public pension-fund investments failed to meet their statutory goal of 8 percent gains. That's bad news for taxpayers. But it's important to understand that the failure to meet the 8 percent goal in any give...
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New York City's public pension funds have joined CtW Investment and advisory firm ISS in opposing the re-election of H-P (NYSE:HPQ) directors John...
doi:10.1002/ncr.4110220516NoneJohn Wiley & Sons, LtdNational Municipal Review
“New York’s pension system was designed over a century ago—and it wasn’t designed for this,” said Ken Girardin, research director. “The prescription here is for Albany to put future hires in a more modern, more flexible retirement plan such as the ones offered to SUNY faculty, or ...
NEW YORK (CBSNewYork)– In a first-of-its-kind initiative, New York City's pension fund will help support efforts to make housing more affordable in the five boroughs. As WCBS 880's Rich Lamb reported, the city is pouring nearly half a billion dollars of pension fund money into backing...
st Gun Holdings.]]>The article reports on the decision of New York City Police Retirement System not to divest from firearms manufacturers. It is noted that approximately 10 million dollars in gun-related holdings is possessed by the 26.8 billion dollars. It is stated that about 5.5 million ...
New York’s horseshoe crabs remain available to use as bait, after Gov. Kathy Hochul (D-NY) vetoed a bill that would have prohibited the practice. Long Island environmental groups that had advocated for increased protections were not happy with the move. ...
Florida with 23 million. But New York state’s budget is more than double that of Florida ($239 billion vs. roughly $116 billion). New York City, which is a little more than three times the size of Miami-Dade County, has a budget of more than $100 billion, which is nearly 10 time...