How do the New York City Pension Funds cast proxy votes?

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NYCTaxpayer

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Posted 7 years ago

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Official Response
The Comptroller's Office is responsible for voting all domestic proxies consistent with the Funds’ respective proxy voting guidelines or as otherwise directed by the Trustees. The Comptroller’s Office subscribes to various independent proxy research services to supplement its own research and analyses of proxy voting issues, but does not rely on external vote recommendations. In 2010, the Comptroller's Office executed the Funds' votes electronically at 3,503 public company meetings on 26,012 individual voting items.