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...Steven Meier, chief investment officer of the $264bn New York City Employees Retirement Systems, said his fund was expanding into private credit when “everyone else has pulled back”....
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...Additional reporting by Antoine Gara in New York...
...an address in Westchester County, New York....
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...Meanwhile, offsetting changes to the benefit system have cushioned the impact of stagnating incomes and the surging cost of living for lower-income households....
...At present, employers are obliged to automatically enrol eligible new staff into a retirement scheme, chosen by the company....
...’s current detection system....
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...State Teachers Retirement System....
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