New Rule for NY Pension Fund: Zero Women, Zero Votes

New Rule for NY Pension Fund: Zero Women, Zero Votes

From the Office of State Comptroller Thomas P. DiNapoli New York State Comptroller Thomas P. DiNapoli on Wednesday announced that the New York State Common Retirement Fund (the Fund) plans to vote against all board directors standing for re-election at companies that have no women on their boards. In situations where a company has just one woman […]

SeeThroughNY releases teachers pension data

SeeThroughNY releases teachers pension data

The government transparency website SeeThroughNY has published a complete list of 2016-17 retirees entering the New York State Teachers Retirement System (NYSTRS). Excluding New York City educators, who belong to a separate city retirement system, the average pension was $47,730 for all 5,458 NYSTRS members who retired in 2016-17. The total includes both part- and […]

Letter to the Editor: Vote Yes on Pension Forfeiture

Letter to the Editor: Vote Yes on Pension Forfeiture

To the Editor, This November, voters across our state will have the opportunity to vote on an amendment to the State Constitution that would take pensions away from elected officials convicted of corruption. I strongly encourage all New Yorkers to support this much-needed measure. Time and again, we have seen the same story: an elected […]

Miele’s Musing: Use Your Vote! Keep the Politicians Honest!

BY PUBLISHER EMERITUS ARMAND MIELE In 1986, Ronald Reagan said, “I’ve always felt the nine most terrifying words in the English language are, ‘I’m from the government, and I’m here to help.’” He understood the growing mistrust that Americans had, at the time, for their government. The Reagan days are gone. Ronald Reagan brought America […]

RC LEGAL WATCH MAY 10, 2012

PENSION ABUSE CLAIMS ON THE RISE IN ROCKLAND BY LEGAL LARRY New York State has one of the largest public pension funds in the world. In fiscal year 2011, the State had a total of 970,756 active and retired members of the pension fund. The public pension fund currently totals $132.5 billion. While the public […]