US - New York State Governor Andrew Cuomo has introduced pension reform legislation that would impose a new Tier VI for future employees and save taxpayers $93bn over the next 30 years.
US - New York governor Andrew Cuomo has asked the state's Insurance Department to, for the first time, ban the involvement of any state officials in pension fund business.
US - Former New York State comptroller Alan Hevesi has begun his prison sentence for his role in a pay-to-play scandal while overseeing the $124.8bn New York State Common Retirement Fund.
US - Former New York State comptroller Alan Hevesi has been sentenced to up to four years in prison for his role in a pay-to-play scandal while overseeing the $124.8bn New York State Common Retirement Fund.
US - Former New York state comptroller Alan Hevesi is to be sentenced today for his role in a pay-to-play scandal while overseeing the $124.8bn New York State Common Retirement Fund.
US - The judge who accepted the guilty plea of former New York Comptroller Alan Hevesi has transferred the pension-fund corruption case to another judge for sentencing, after refusing to withdraw because of an alleged conflict of interest.
US - Henry "Hank" Morris, the chief political advisor to former New York comptroller Alan Hevesi, has been sentenced to four years in prison for his involvement in a pay-to-play scandal.
US - New York Attorney General Andrew Cuomo has reached an agreement with two investment firms as part of his ongoing investigation into the state's pension fund.
US - Steven Rattner, co-founder of Quadrangle Group, said the settlement sought by New York Attorney General Andrew Cuomo in a pension-fund kickback case is "close to extortion".
US - Henry "Hank" Morris, the chief political adviser to former Comptroller of the State of New York Alan Hevesi, has pleaded guilty over his involvement in a pay-to-play kickback scheme.