Pensions with Tara Mei Smith (NYC Pension System) and Marcela Pinilla (Mass PRIM)

Pension funds hold trillions of dollars of capital, which is invested for the future retirement benefits of teachers, public sector employees, firefighters and so many more workers. Join us as we talk with guests Tara Mei Smith (NYC Comptroller) and Marcela Pinilla (Zevin Asset Management; Mass PRIM) about the importance of pensions, their potential to contribute to a more equitable society and what Tara Mei and Marcela would tell their younger selves. Brief primer on the size, scale and scope of pensions [0:55] A “Long Promise” - why pensions and their returns matter to workers [8:05] Who are NYC’s pensioners? [11:45] The power of pensions to advocate for human rights [15:00] How the NYC pension fund system invests [18:00] As women of color working in finance, what advice would you give your younger self? [31:55] Demystifying Industry Jargon: ESG, Fiduciary Duty, Responsible Contractor Policy, EEO-1 Data,  Due Diligence, Defined Benefit v. Defined Contribution Plan, Investment Meetings Recordings (NYC Comptroller) Impact(ed) is written, recorded and produced by its two co-hosts, Eric Horvath and Lucas Turner-Owens. Please connect with us on Linkedin, we’d love to hear your thoughts on this episode, your recommendations for future topics and guests, and be in community with you. Graphic Design by Ann Van. Original Music by Lucas Turner-Owens.