Thu 28 Aug 2008
New Round of Testimony From Unions in Bruno Case
Filed under: Wright Investors' Service, Pensions and Retirement Plans, Bruno, Joseph L, Suits and Litigation — @ 3:29 am

The testimony underscores that the more than two-year-old federal investigation of Joseph L. Bruno’s business dealings has not been deterred by his retirement as State Senate majority leader.

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Tue 5 Aug 2008
State Comptroller Has an Idea for Increasing Growth in New York’s Pension Fund
Filed under: Stocks and Bonds, Pensions and Retirement Plans, DiNapoli, Thomas P, New York State — @ 5:13 am

Thomas P. DiNapoli said on Monday that he would ask the Legislature to permit a larger share of state pension assets to be placed in less-traditional investments.

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Tue 3 Jun 2008
Pension Costs Off by $500 Million, City Finds
Filed under: Pensions and Retirement Plans, Schwartz, Jonathan, Labor, Legislatures and Parliaments, Government Employees, New York State, Politics and Government, Bloomberg, Michael R, New York City — @ 5:07 am

An actuary relied upon by the New York legislature underestimated pension costs by $500 million, records show.

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Tue 3 Jun 2008
Union-Paid Actuary Was Off by $500 Million
Filed under: Pensions and Retirement Plans, Schwartz, Jonathan, Labor, Legislatures and Parliaments, Government Employees, New York State, Politics and Government, Bloomberg, Michael R, New York City — @ 3:50 am

An actuary relied upon by the New York legislature underestimated pension costs by $500 million, records show.

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Mon 12 May 2008
The Empire Zone: Bloomberg Asks Albany to Oppose Union-Backed Retirement Bills
Filed under: Budgets and Budgeting, Law and Legislation, Silver, Sheldon, Pensions and Retirement Plans, Bruno, Joseph L, Retirement, Paterson, David A, Albany (NY), Bloomberg, Michael R, New York City — @ 6:05 am

Mayor Michael R. Bloomberg is appealing to Gov. David A. Paterson and legislatorrs to hold firm against two bills that the city believes would cost as much as $300 million a year.

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Fri 9 May 2008
Cuomo Sees Fraud in Some Lawyers’ Pensions
Filed under: Pensions and Retirement Plans, Frauds and Swindling, Cuomo, Andrew M — @ 5:09 am

Hundreds of lawyers in New York have been illegally granted state pension benefits, according to Attorney General Andrew M. Cuomo.

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