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.
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DiNapoli’s first snag at NY State fund as markets sour again
After three tumultuous years of reforms including a raft of new policies and procedures at the third-largest pension fund in the US, culminating in a 25.9 per cent return last year, Thomas DiNapoli, the New York State Comptroller, has hit a snag in the last quarter.
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