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Prior to the Dot-Com Crash, statewide pension funds were over 95.6% funded in the aggregate. In 2002, the funded ratio had declined to 82.1%. While funds did mostly recover by 2008, the Great Recession resulted in funded ratios declining to 63.8% in 2009.
NYC Health + Hospitals, officially the New York City Health and Hospitals Corporation ( HHC ), operates the public hospitals and clinics in New York City as a public benefit corporation. HHC was created in 1969 by the New York State Legislature as a public benefit corporation. [1] It is similar to a municipal agency, but has a board of directors .
AUM. $207.4 Billion (March 2018) [2] Website. www .osc .state .ny .us. The New York State Common Retirement fund is a public pension plan for the employees of New York State government. As of 2018, it is the third largest public pension plan in the nation, and holds $207.4 billion in assets. These assets are overseen by the New York State ...
The Public Employees Federation ( PEF) is an American union representing 50,000 [1] professional, scientific, and technical public employees in the state of New York. The union is one of the largest local white-collar unions in the United States and is New York's second-largest state-employee union. [3] PEF also represents employees who work in ...
The New York State Insurance Fund ( NYSIF) is a governmental insurance carrier that provides workers' compensation and disability benefits for employers in New York State. NYSIF is financially self-supporting and competes with private insurance carriers. It is required by law to provide the lowest possible premiums to maintain its solvency. [1]
Service Employees International Union, Local 32BJ (often shortened to SEIU 32BJ, 32BJ SEIU or just 32BJ), is a branch of Service Employees International Union headquartered in New York City which mainly represents building workers (maintenance, custodial, janitorial, window cleaners) and has about 150,000 members in ten northeastern states, Washington, D.C., Florida and other parts of the ...
The New York City Department of Health and Mental Hygiene (also known as NYC Health) is the department of the government of New York City [2] responsible for public health along with issuing birth certificates, dog licenses, and conducting restaurant inspection and enforcement. The New York City Board of Health is part of the department.
edc .nyc. New York City Economic Development Corporation ( NYCEDC) is a public-benefit corporation that serves as the official economic development organization for New York City. NYCEDC gives its mission as strengthening business confidence in New York City, diversifying the city's economic sectors, and delivering sustainable infrastructure.