New Castle pension plan outlines long term investment policy
July 1997 New Castle City Council members Mark Elisco Rick DeBlasio John Russo Jr Christine Sands and Edmund Jopek signed an investment policy statement for the New Castle Comprehensive Municipal Pension Trust. The document defines fiduciary framework aims asset allocation and diversification targets with a value bias and broad asset classes including equities fixed income real estate mortgages international assets and managed futures.
MENTIONED IN THIS ARTICLE
New Castle
Mark Elisco
Rick DeBlasio
John Russo Jr
Christine Sands
Edmund Jopek
City of
Pension Talk Highlights Trustee Tensions and Fees
Trustees debated consultant roles amid a volatile Morgan Stanley year with a 12 percent gross return on the city pension. Gabriel, May, and Domenick clashed over fees, fund composition, and alleged defamation while Bullano urged cooperation and respectful conduct.
MENTIONED IN THIS ARTICLE
New Castle
Nick Majorano
Buzzerd
Eugene Gabriel
American Express Financial Advisors
David Domenick
Goldman-Sachs
Patricia May
American Express
Morgan Stanley
May
Gabriel
Bullano
Ellwood City eyes absorbing power rate hike risk
Borough manager David Stramel la warned that letting Ellwood City absorb a 7 percent electricity cost increase could worsen a near half million dollar general fund deficit and force layoffs later this year. A proposed ordinance to permit absorption clears Tuesday, with potential impact on nine layoffs plus two dispatchers noted.
MENTIONED IN THIS ARTICLE
Ellwood City
David Stramella
Stramella
Beth Kasper
Ampohio
Pulaski Township 911 Addressing Leads to Road Renaming
Lawrence County initiates countywide 911 addressing to eliminate duplicate street names. Pulaski Township completes house to house census as Kimball and Associates prepares permanent numbers and street names with new ordinance requiring residents to display house numbers.
MENTIONED IN THIS ARTICLE
Pulaski Township
Lawrence County
Frank Jannetti
L. Robert Kimball and
Jannetti
Pulaski
Mahoning
Wilmington
Kimball
Kimball and Associates
911
Dan Abramson
New Bedford
Evergreen Road
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Greco
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Wallace Ave
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FRIED
Hicken
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