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25 Sep 2017, 4:00 am
" In effect, the firefighter is placed on sick leave at full pay until he or she returns to full duty or "light duty" with his or her employer, retires, dies, is found ineligible to continue to receive such compensation or retires.General Municipal Law §207-a (2) provides, in pertinent part, for discontinuing the payment of the full amount of regular salary or wages with respect to any firefighter continued on the payroll pursuant §207-a(1) who is permanently disabled as a… [read post]
22 Sep 2017, 1:52 am
ESMA will also be able to control advertisements for offers of securities or requests for admission to trading for which ESMA has approved the corresponding prospectus; ESMA will have direct supervision of European Venture Capital Funds, European Social Entrepreneurship Funds, and European Long-Term Investment Funds; ESMA’s product intervention powers under MiFIR are to be extended to cover fund managers, in addition to MiFID investment firms and credit… [read post]
19 Sep 2017, 3:55 pm
In this regard, 401(k) equity mutual fund fees have dropped by 38% since 2000 and bond mutual funds fees by 43% in the same time period. [read post]
19 Sep 2017, 6:19 am
The letter, sent on behalf of the New York City Pension Funds (NYC Funds), is also intended to put pressure on companies to engage on the topic of pursuing diverse independent board candidates. [read post]
18 Sep 2017, 5:56 pm
The plan’s implicit criticism of the ACA is also particularly ill-timed when an energetic public mobilization is needed to defeat Graham-Cassidy. [read post]
17 Sep 2017, 6:20 am
"The truth is, the great recession of 2008 merely pulled the curtain back exposing the truth cost of public sector wages, benefits, insurance and pensions. [read post]
13 Sep 2017, 5:00 am
It is the largest public pension fund in the nation. [read post]
11 Sep 2017, 3:55 am
But before public disclosure of the breach was made! [read post]
4 Sep 2017, 5:02 am
Illinois takes custody of seemingly abandoned bank accounts; rightful owners can get their funds back but sans interest (which is earmarked for Illinois pensioners). [read post]
3 Sep 2017, 7:30 am
Prudent management helps keep New York State’s pension fund one of the strongest and best funded in the country and allows our public workforce to retire with security. [read post]
1 Sep 2017, 5:08 am
The legislature had proposed certain austerity measures that were meant to deal with the growing deficit within the pension fund. [read post]
31 Aug 2017, 11:00 am
" Under current provisions, even if the 20 largest public pension funds were able to aggregate their shares, they would not meet the 3% criteria at most of companies examined by the Council of Institutional Investors. [read post]
31 Aug 2017, 11:00 am
" Under current provisions, even if the 20 largest public pension funds were able to aggregate their shares, they would not meet the 3% criteria at most of companies examined by the Council of Institutional Investors. [read post]
25 Aug 2017, 12:51 pm
The legislation, enacted by Congress, controls how Puerto Rico must address a $74 billion public debt load and $49 billion in pension liabilities. [read post]
22 Aug 2017, 11:10 am
These include: Social Security benefits Supplemental Security Income benefits Public assistance (welfare) Workers Compensation Unemployment Compensation Veterans benefits Retirement or profit-sharing benefits or pension money Life insurance benefits or cash surrender value of a life insurance policy or proceeds of annuity contract Disability income benefits Prepaid College Trust Fund Medical Savings Account. [read post]
20 Aug 2017, 3:29 pm
No comment or statement in this publication is to be construed as an admission. [read post]
13 Aug 2017, 6:00 am
For the commonwealth, with neither spare funds nor access to the capital markets, one of the strong appeals of PPPs is the ability to improve its infrastructure and provide jobs without spending its own resources. [read post]
10 Aug 2017, 8:56 pm
As for fines, the affected party would be the public schools. [read post]
10 Aug 2017, 7:14 pm
More than 800 government employees had apparently sent email messages to school superintendents reminding them that they could lose public funding if the other candidate won. [read post]
7 Aug 2017, 3:30 am
In Cement Masons Local 780 Pension Fund v Schleifer, 56 Misc 3d 1204 [A], 2017 NY Slip Op 50875 [U] [Sup Ct NY County June 29, 2017], Manhattan Commercial Division Justice Saliann Scarpulla considered these issues in a thoughtful opinion, in which she relied on some relatively infrequently litigated provisions of the Business Corporation Law (“BCL”). [read post]
