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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 ...
The New York State Constitution, Art.X, sec. 5, provides that public benefit corporations may only be created by special act of the legislature. In City of Rye v. MTA, 24 N.Y.2d 627 (1969), the court of appeals explained that "The debates of the 1938 Convention indicate that the proliferation of public authorities after 1927 was the reason for the enactment of section 5 of article X....
Bath Iron Works ( BIW) is a major United States shipyard located on the Kennebec River in Bath, Maine, founded in 1884 as Bath Iron Works, Limited. Since 1995, Bath Iron Works has been a subsidiary of General Dynamics, one of the world's largest defense companies. BIW has built private, commercial, and military vessels, most of which have been ...
New York state wants companies to protect their LGBTQ+ Gen Z and millennial workers—and it’s throwing a $260 billion retirement fund at the issue Amanda Gerut April 3, 2024 at 5:54 PM
The Dormitory Authority of the State of New York (DASNY / ˈdæzniː /) provides construction, financing, and allied services which serve the public good of New York State. More specifically, as a New York State public-benefit corporation, DASNY provides services for public and non-proprietary (i.e., nonprofit) private universities in New York ...
Website. Official website. The New York state comptroller is an elected constitutional officer of the U.S. state of New York and head of the New York state government 's Department of Audit and Control. [ 2] Sixty-one individuals have held the office of State Comptroller since statehood. The incumbent is Thomas DiNapoli, a Democrat .
The New York State Insurance Department (NYSID) was the state agency responsible for supervising and regulating all insurance business in New York State. [ 1] It was regarded in the industry as one of the most state-of-the-art insurance regulatory agencies. Continuing education for insurance professionals is regulated by each state's Department ...
The Government of the State of New York, headquartered at the New York State Capitol in Albany, encompasses the administrative structure of the U.S. state of New York, as established by the state's constitution. Analogously to the US federal government, it is composed of three branches: executive, legislative, and judicial.