Statement by Public Advocate de Blasio on Comptroller Liu's State of the City Address

February 16, 2012

"I applaud Comptroller Liu for addressing the crucial fiscal challenges of the City in his speech today, and for taking steps to increase locally-targeted pension investments that will spur job creation across the five boroughs. We have a tremendous opportunity to rebuild our city and our economy with the tools we already have in hand—and earn solid returns for our retirees at the same time. I look forward to working with the Comptroller and our fellow trustees to turn ideas into action and help put the power of our pension funds to work for New Yorkers.”