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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 comptroller was elected in 1895 to a three-year term, and subsequently the state officers were elected in even years and served a two-year term concurrently with the governor. In 1926, the responsibilities of the New York State Treasurer were transferred to the comptroller as the head of the Department of Audit and Control. Since 1938, the ...
According to the New York State Legislative Calendar, session convenes January 9th throughout June 19th. [12] Budget deadline is the last week of March, but historically it has dragged on 'til the month of August and can even surpass that if the Senate and the Assembly fails to compromise.
In what seem to be the first-ever moves of their kind, DiNapoli’s New York State Common Retirement Fund, which manages $260 billion in assets, is pushing for more details about companies ...
The New York City Board of Education Retirement System (BERS) was founded on August 31, 1921. The benefits that BERS provides include service retirement benefits, disability retirement benefits, death benefits, and a Tax-Deferred Annuity (TDA) program.
Eric Schneiderman will collect a gross monthly pension of $5,329, or $63,948 annually, from the state. He received his first payment at the end of June.
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The New York State Legislature unanimously confirmed Benjamin M. Lawsky on May 24, 2011, as New York State's first Superintendent of Financial Services. [9] From May 24, 2011, until October 3, 2011, Lawsky also was appointed, and served as, Acting Superintendent of Banks for the former New York State Banking Department. [9]