New York City Comptroller Scott Stringer is coming out of the gate very strong and doing the right thing for New York City's public pension funds. His multi-faceted plan to protect the city's public pension funds will do much to ensure the funds operate with greater transparency and with the highest ethical standards. I have instituted a series of reforms over the last seven years at the New York State Common Retirement Fund. Today, the state pension fund stands as a national model for accountability and transparency and has never been stronger. The proposals laid out by City Comptroller Stringer today will no doubt do the same for the city’s pension funds.