Research and Analysis
POLITICS OVER PERFORMANCE: The Politicization of the New York City Retirement Systems
ACCF Corp Gov
Tim Doyle Vice President of Policy & General Counsel
U.S. public pension systems were born in New York City, starting with an 1857 plan to pay police officers injured on the job. Over the next few decades, New York City pension eligibility spread to include firefighters and teachers, and eventually evolved into the current practice of providing beneficiaries...
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New York Governor Seeks Fossil-Fuel Divestment, But Comptroller Has Other Plans
The Wall Street Journal
Thomas MacMillan
Gov. Andrew Cuomo said he will push for the state pension fund to divest from fossil-fuel companies, but the official who controls the fund says the best way to address climate change is by leveraging shareholder power. The governor is creating a plan for divesting the New York State...
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Cuomo on collision course with state comptroller over fossil fuel fight and pension fund
Spectrum News NY1
Zack Fink
With an eye on the environment, Gov. Andrew Cuomo would like to divest the state's pension fund from fossil fuels. But Cuomo has no control over how public employee pensions are invested, setting him on a collision course with the man who does control New York's investments: State Comptroller...
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