• HOME :
  • NEWS :
  • NEW YORK CITY COMPTROLLER SCOTT STRINGER LOOSENING CITY PENSION PRIVATE EQUITY RULES WILL HELP HIM, HURT PENSIONERS

New York City comptroller Scott Stringer loosening city pension private equity rules will help him, hurt pensioners

FEBRUARY 25, 2021 | by Edward Seidle | FORBES

By Edward Seidle, includes “What a remarkable coincidence that New York City Comptroller Scott Stringer is looking to loosen strict rules that govern private-equity firms managing the city’s pensions when the Democrat is running for mayor in this year’s election. … Stringer is hardly the first politician to use pensions set aside to provide retirement security for government workers to further his ambitions.”

VIEW LESS