New York State and Local Retirement System · Albany, NY United States
Company Description
View New York State and Local Retirement System Locations On A US Map
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This link will open in a new window When government employees in New York are no longer new, what do they do? New York State and Local Retirement System (NYSLRS) provides retirement and pension funds to police, firefighters, correction officers, and other public employees in the Empire State outside of New York City. Administered by the Office of the State Comptroller, the system also provides survivor benefits to relatives of state employees. NYSLRS, which has more than $156 billion in assets under management, has more than a million members, about 360,000 of whom are retirees and beneficiaries. Nearly 80% of the retirees continue to reside in New York, so their payments eventually go back into the state's economy. To read the full description, subscribe now.
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Key New York State and Local Retirement System Financials
| Company Type | Government-owned Branch |
| Fiscal Year-End | March |
New York State and Local Retirement System Executives
11 executives listed for New York State and Local Retirement System's Albany, NY location.
| Title | Name & Bio | Contact |
| Comptroller | Thomas DiNapoli | Network |
| Chief Investment Officer and Deputy Comptroller, Pension Investment and Cash Management | Raudine Etienne | Network |
| Assistant Comptroller, Retirement Compliance | Thomas Nitido | Network |
Competition
Competitive Landscape for New York State and Local Retirement System
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top New York State and Local Retirement System Competitors
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