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In practice, Taft-Hartley plans have many units of local pension funds, under an umbrella group. ... New York State Common Retirement: $201,263 $201,263 93.7%
Since 2001, U.S. statewide pension funds have experienced significant funding challenges due to the recessions of 2001-2002 and 2008-2009. Prior to the Dot-Com Crash, statewide pension funds were over 95.6% funded in the aggregate. In 2002, the funded ratio had declined to 82.1%.
These assets are overseen by the New York State Comptroller's office and are held on behalf of more than one million members of the New York State and Local Retirement Systems (NYSLRS). As of March 31, 2018, its one-year return was 11.35%, however its 10-year return was 6.4%. In 2017, the fund was able to cover about 95% of the benefits it paid ...
A spokesperson for the New York City Comptroller’s office said the pension funds held 857,000 shares of Fox Corporation stock valued at $28.10 million. The state of Oregon held 226,315 shares of ...
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Legislation passed in 1987 enabled DASNY to finance and construct court facilities for New York's county and local governments. The merger, in 1995, of DASNY with two other agencies (the Facilities Development Corporation and Medical Care Facilities Finance Agency) created the largest government building construction agency in the country, as ...
District Council 37 (also known as DC 37) is New York City's largest public sector employee union, representing over 150,000 members and 89,000 retirees. [1]DC 37 was chartered in 1944 by AFSCME to represent public employees in New York City.
A 32-year-old woman has been arrested after allegedly bludgeoning her mother to death inside her own home, officials said. Burlington County Prosecutor LaChia L. Bradshaw and Willingboro Township ...