New York State Comptroller Alan Hevesi recently announced that he would join hands with officials at four other U.S. state pension funds to launch a governance caucus called the National Coalition for Corporate Reform.

Hevesi's announcement, made at the Council of Institutional Investors annual meeting in San Diego, claimed that a number of officials had already endorsed his proposal, including those charted below.

The original release noted that

NY AG Eliot Spitzer and CalPERS Board President Sean Harrigan had also apparently shown "expressions of support."

However, shortly after the announcement, CalPERS decided to "postpone consideration of membership."

Duplicative agendas and already-constrained resources were key to the CalPERS decision, but so was the fact that "CalPERS may have very little control or influence on NCCR policies."

The nation’s largest public pension fund left the door open to consider joining the coalition at a future date.

Below are some of the members, and a downloadable version of the organization's agenda:

Hevesi

State, Fund, Org.

Title

Name

California

State Treasurer

Philip Angelides

Pennsylvania

Treasurer

Barbara Hafer

AFSCME

Int'l. President

Gerald W. McEntee

North Carolina

State Treasurer

Richard Hancock Moore

AFL-CIO

President

John J. Sweeney

Download The NCCR's Proposed Plan Of Action

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