New York State Insurance Fund

The meeting included reports from the Executive Director, Acting General Attorney, and chairs of the Budget & Audit and Investment Committees. The board authorized the Investment Department to enter into multiple five-year contracts for High Yield, Bank Loan, CLO, and Multi-Strategy asset manager services. Additionally, the board entered an executive session to discuss matters related to investment manager services, specific policyholder or claimant issues, and legal advice.

The board meeting included reports from standing committees, specifically the Budget and Audit Committee regarding first quarter financial reports and audit findings, and the Investments Committee regarding updates on the private markets portfolio. Following an executive session, the board authorized and approved the Investment Department to enter into multiple five-year contracts with various firms for services as a High Yield Manager, Bank Loan Manager, CLO Manager, and Multi-Strategy Manager, in accordance with established procurement guidelines.

The Board of Commissioners reviewed reports from the Executive Director and CEO, the Acting General Attorney, and standing committees. A key outcome included the unanimous adoption of an Investment Committee Charter following review by the Governance and Legal Affairs Committee and the Investment Committee. The board also held an executive session to discuss matters related to real property and a policyholder or claimant, concluding with no formal actions taken during that session.

The meeting included reports from the Executive Director and CEO, the Acting General Attorney, and the standing committees. Key discussion topics included the presentation of an external auditor report, a review of the investment committee charter, and a motion to adopt said charter. Additionally, the Board discussed matters in executive session regarding real property, potential employment of investment managers, legal advice, and specific policyholder or claimant issues.

This strategic plan outlines the New York State Insurance Fund's strategy to fulfill Executive Order 31 by becoming a model employer for people with disabilities. It focuses on three key objectives: ensuring workplace accessibility for all current and potential personnel, proactively connecting with individuals with disabilities for open positions, and enhancing communication regarding support and inclusivity for people with disabilities to both internal and external stakeholders. The plan aims to significantly increase the hiring and retention of employees with disabilities and foster a more inclusive work environment through annual assessments and updates.