Scott Stringer also taps Eneasz Kądziela to oversee city pension funds’ $18 billion private equity portfolio.
The proposed bill would require nearly all US companies to enroll workers in a retirement plan.
Capitol Hill is haggling over the budget, aiming to expand small-business programs and create more opportunities for protected lifetime income solutions.
The lobbying group also says a surge in litigation could have ‘significant negative consequences for plan participants.’
The fund promotes from within, appointing Andrew K. Kelsen, the head of alternative investments, to the role.
The ruling upholds legislation intended to prevent lawyer-driven litigation.