Retirement fund in good hands
The New York State Common Retirement Fund is well run and transparently overseen, according to an independent review released today by New York State Comptroller Thomas P. DiNapoli.
The review was completed by Funston Advisory Services as part of reforms pushed by the comptroller's office.
A full article on the report can be found HERE.
“Funston’s independent analysis confirms that the New York State Common Retirement Fund is a leader among public pension funds in this country and is setting a standard for transparency and ethics,” DiNapoli said in a statement. “Since becoming Comptroller, I have improved policies and procedures, strengthened internal controls and standards, and increased public disclosure."
The entire report is available below.
"This review is a validation that we are on the right path and should reassure the people of New York the Fund is being managed properly and ethically," he added.
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