sole trustee Thomas DiNapoli

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DiNapoli defends DB schemes

New York State Comptroller, Thomas DiNapoli, has defended public defined benefit schemes, saying that they are not a drag on state government finances, are sustainable and form a vital part of the US economy.

SAM RILEYOctober 12, 2011

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Politicians, fraud and investment professionals at New York State’s $124b fund

Most public sector pension funds are subject to some sort of political interference, notwithstanding the best efforts of fund trustees and staff. Few, however, can rival the experience of America’s third-largest fund, the New York State Common Retirement Fund.

GREG BRIGHTOctober 13, 2010