New York City Comptroller John C. Liu announced on Tuesday that more information is available to the public about the city’s pension system.
The latest additions to Mr. Liu’s “Pension NYC” program are an online library and an interactive FAQ about the five pension funds for which Mr. Liu is investment adviser, custodian and trustee. The five had aggregate assets of $122.4billion as of April 30.
Both new features are available on the comptroller’s website at http://comptroller.nyc.gov/mymoneynyc/pensionnyc.
The online library “makes available to the public, for the first time in one convenient place,” pension fund documents such as quarterly reports, shareholder resolutions, meeting agendas and minutes, and annual financial reports, according to a news release from Mr. Liu’s office.
The interactive FAQ “includes dozens of frequently asked questions pertaining to the city’s pension funds,” the release said.
Mr. Liu unveiled plans for his Pension NYC program in late March. It already provides webcasts for the investment meetings of various pension funds.
The comptroller expects to add two more features — a way for the public to track pension fund spending and real-time data on investments and performance — by the end of the year.