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e
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ites high
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es plans to close the
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ry
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n Residential Center for boys in
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a
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, consolidate the r
“We are encouraged the governor t
tes as the reason for
Centers in Onei
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b
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rg
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n
esidential i
ecognizes the need for additional staff a
argeting certain facilities for closing
“
s
n
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th
s
e
ta
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r
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eas of mental health and of
n
c
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o
consolidation, and this is an area
C
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iz
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ing R
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ntial services o
e
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b
m
use services. These are
$2.
County, as part of s
t
Br
n
y
c
n
e
i
r
e
n
n
.
said the union recognizes
stat
9
e
m
O
i
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l
f
lion in spending cuts at the J
a
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e
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ers provide, and the
ve
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o
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ce
of it
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e excess capacity, but is concerned
C
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i
(
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O
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f
S
Children and Family of
a
s
f
r
t
r
a
r
i
o
o
r
u
n
e
b
’s
sult of Commissioner Gladys
le
p
d
ersonal agenda of handing
e
p
x
ro
B
p
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t
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e
a
th
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l
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t
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).
is not all bad. The
t
o
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in
o
c
w
l
nsize Lansing is not “W
based progra
y
m
ou
s
t
t
h
h
s
a
t
t
o community-
p
e are encouraged
ac
e
c
rformance standard
h
s
av
a
e
nd
no
no real
and would incre
u
a
d
s
e
e
a
th
n
e
y loss of jobs
ratio. The governor also
staff-to-youth
the governor recognizes the
“
o
T
u
h
ntability.
sy
e commissioner has
million in ne
wants $9
p
w spending to add 169
need for additional staff in
fac
s
i
t
l
ematically emptied the targeted
We n
it
e
i
e
e
d
s w
t
ith a goal of closing them.
su
os
b
i
s
t
t
io
a
n
n
s
ce
for mental health and
the areas of mental health
dangerous
o
y
m
ou
ak
th
e
s
sure potentially
the street without a
a
d
re
e
n
q
’t being put on
wo
A
u
s
ld
p
h
r
a
op
ve
o
a
s
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a
e
u
d
s
n
,
e
et
it
s
l
a
e
p
rv
p
i
e
c
a
e
r
s
s
.
OCFS
and substance abuse
a
b
oss of 79 positions, n
d
ee
dressing the safety an
u
d
at
s
e
e
ly
rvice
w
u
o
t
u
i
l
t
d
’s
b
u
e
n
P
c
E
lear how many of those services.”
these reduct
F
ion
m
s
e
w
m
o
bers and whether
through attrition or
u
la
l
y
d
o
be achieved
—KennethBrynien,PEFPresident
pre
“
d
s
W
s
er
e
.
v
r
in
emain committed to
members
g
p
t
r
h
o
e
vid
vi
e
ta
a
l services our
The state Divis
ffs. t
estimat
ion of Budget o y
r
o
o
u
u
t
b
h
l
s
ed
ar
a
e
n
n
d
o
s
t
o
r
m
e
et
n
im
d
e
e
s
ns
d
u
a
r
n
i
g
n
e
g
rous
million
e
fo
s
r
a
f
n
isc
overall savings of $3 to
n
b
t
e
ra
l
n
ac
s
k
fo
i
r
n
m
g
i
a
n
t
g
O
ju
C
v
F
e
S
ni
f
l
a
e
c
j
i
u
lit
stice found
co
cklessly cast into
$15 million the
al
fo
y
l
e
lo
a
w
r 2010-11 and the right mi
ies. With
psyc
x of counselors, su
m
pp
m
o
u
rt
n
,”
it
B
ie
r
s without adequate
w
The closing and con
in
s
g
ol
y
id
e
a
a
t
r
i
.
ons turn
h
t
o
h
l
e
o
s
g
e
ists and teachers you can
20
o
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u
1
ld
, i
not take place until January “We agre
y
e
o
t
u
h
t
e
h
s
s
e
’ l
m
iv
u
e
c
s around.
a
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e
A
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a
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r
a
t
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en
n
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,
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o
warning of the risks
“
s
F
in
o
g
n
r y
n
e
o
a
a
t
c
i
cordance with the one-year
r
f
s
ic
,
a
w
t
e
io
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ted the
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it
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io
t
n
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e
e
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lp m
h
ov
n
e
e
t
e
h
d
e
ed
agency
than l,
a
m
pe
o
u
d
t
e
ic
l
,
o
r
f
ather p
f
re
d
p
u
a
m
re
p
d
in
c
g
om
tro
m
u
u
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it
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s
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p
in
ro
to
gr
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ll
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-
s.
Uniondefendssoletrusteeforpensionfund
By SHERRY HALBROOK System(ERS),”Brynienwroteina CitingthefinancialperformanceofNew
PEFhasenteredthedebateover JanuarylettertoThe NY Times,whichhad Yorkstate’sERSincomparisontostate
whetherthestatecomptrollershould editorializedinfavorofthechange.“In pensionfundsrunbyboardsoftrustees,
remainthesoletrusteeofthestate yourDecember24,2009,editorialyou BryniensaidtherateofreturnforNew
pensionfunds,orifheshouldbereplaced failedtotakeacloserlookatwhatis York’sfundhasbeenhigheroverthepast
withaboardofseveraltrustees.The behindthecurtain.” 10yearsthanthoseoftheNewYorkCity
unioncontinuestostaunchlysupportthe Proponentsofcreatingaboardof Employees’RetirementSystemand
comptrollerassoletrustee. trusteesclaimsoletrusteesareripefor CalPERS.
“NewYork’spensionfundinvestments abuse,andciteissuessurroundingfund “IfourERShadtheratesofreturns
consistentlyoutperformthosemadeby administrationunderformerNYS thosetwofundshadlastyear,NewYork’s
fundsoverseenbymultipletrustees,and ComptrollerAlanHevesi. deficitwouldbe$8billiondeeper,”
itwouldbefoolhardytotrytoimitate However,theCaliforniapublicpension Bryniensaid.“Ourpensionfund
thosewithinferiorperformance,”PEF system(CalPERS),whichismanagedbya outperformedthemforone-,three-,five-
PresidentKenBryniensaid.“What’smore, boardoftrustees,isalsoinvestigatingfees andten-yearratesofreturn.
suchachangeisnoguaranteeagainst paidtoexternalinvestmentmanagers. “NewYorkdoesnotneedaboardof
corruptionorabusebyfundmanagers. “Corruptionisnotaproblemthatis trustees.Weneedmoretransparencyand
“Icontinuetobedisappointedwhen solvedbyaboardoftrustees.Thisisa oversightofexternalinvestment
peopleorgroups,thatgenerallyIrespect, problemsolvedbyreformssuchasthose managers.Weneedtoknowwhois
comeoutinfavorofaboardoftrusteesfor madebyNYSComptrollerThomas responsibleifthingsgowrong,sowecan
theNewYorkStateEmployees’Retirement DiNapoli,”Bryniensaid. removethatpersonandfixtheproblem.”
www.pef.org TheCommunicatorFebruary2010—Page9
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