US - The United Federation of Teachers (UFT) has urged New York Teachers' Retirement System (TRS) to walk away from an affordable housing project, after it emerged construction workers will not be guaranteed prevailing wage.
The UFT said it had learned the agreement between the city's Housing Development Corporation and Atlantic Development Corporation to build two residential buildings for educators in the Bronx did n...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
