#public-pensions

[ follow ]
#municipal-debt #retiree-benefits #fiscal-crisis #government-reform #palantir #brad-lander #immigrationice
NYC politics
fromReason.com
1 week ago

Mamdani might raid a severely underfunded retiree fund to balance New York City's bursting budget

New York City faces a severe fiscal crisis driven by $260 billion in long-term liabilities, primarily from public pensions and retiree health care costs that threaten funding for essential services.
fromwww.amny.com
2 months ago

NYC pension fund shares in ICE-linked Palantir grew and saw windfalls under former Comptroller Lander, disclosures show amNewYork

Former City Comptroller and current congressional candidate Brad Lander oversaw a major expansion of New York City public pension fund investments in Palantir Technologies, a data analytics firm whose software has long been used by Immigration and Customs Enforcement (ICE) to identify and deport undocumented immigrants. During Lander's tenure as the city's chief financial officer, the city's five public pension funds significantly increased their exposure to Palantir, according to an amNewYork review of pension fund disclosures.
US politics
US politics
fromBitcoin Magazine
3 months ago

Indiana Champions Bold Bill To Make State A Crypto Leader

Indiana would allow state funds indirect bitcoin exposure through regulated crypto ETFs while barring local governments from restricting crypto companies.
US politics
fromThe Mercury News
5 months ago

Latest line: A good week for Daniel Lurie, a bad week for Charles Munger

San Francisco sought federal law-enforcement support instead of troops, Prop 50 leads despite large donations, and a fired sheriff secured a 90% salary retirement.
Retirement
fromThe Mercury News
9 months ago

Borenstein: This Bay Area city's half-century of pension taxes provides a cautionary tale

Oakland's new tax proposal highlights ongoing issues with funding public pensions, posing serious financial implications for property owners.
fromThe Mercury News
10 months ago

In wake of Southern California wildfires, lawmakers jockey to sweeten firefighter pensions

One could almost hear the tinkle of coins draining from the public purse.
Retirement
NYC startup
fromMarketplace
10 months ago

A battery farm in the Bronx could help clean up New York's power grid

Investment portfolios can be leveraged to combat climate change by diverting funds from fossil fuels to renewable energy solutions.
[ Load more ]