No disagreement here. Every plan sponsor surveyed in the Global Pensions 100 Panel supports the decision by New York state attorney general Andrew Cuomo to create a 13-person board of trustees for the state's pension scheme.
In October, Cuomo proposed eliminating the single trustees system currently used to oversee the US$116bn New York State Common Retirement Fund. As it is now, the pension fund is overseen by the sit...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date