N.Y. Retirement & Social Security Law § 423-a: Northern Ireland related investments

§ 423-a. Northern Ireland related investments. 1. Notwithstanding any

other provision of law, on and after January first, nineteen hundred

eighty-seven, any moneys or assets of the common retirement fund which

shall remain or be invested in the stocks, securities or other

obligations of any institution or company doing business in or with

Northern Ireland or with agencies or instrumentalities thereof, shall be

invested subject to the provisions of subdivision three of this section.

2. On or before the first day of January of each year, the comptroller

shall determine the existence of affirmative action taken by

institutions or companies doing business in Northern Ireland to

eliminate ethnic or religious discrimination based on actions taken for:

(a) Increasing the representation of individuals from underrepresented

religious groups in the workforce including managerial, supervisory,

administrative, clerical and technical jobs.

(b) Providing adequate security for the protection of minority

employees both at the workplace and while travelling to and from work.

(c) The banning of provocative religious or political emblems from the

workplace.

(d) Publicly advertising all job openings and making special

recruitment efforts to attract applicants from underrepresented

religious groups.

(e) Providing that layoff, recall, and termination procedures should

not in practice favor particular religious groupings.

(f) The abolition of job reservations, apprenticeship restrictions,

and differential employment criteria, which discriminate on the basis of

religion or ethnic origin.

(g) The development of training programs that will prepare substantial

numbers of current minority employees for skilled jobs, including the

expansion of existing programs and the creation of new programs to

train, upgrade, and improve the skills of minority employees.

(h) The establishment of procedures to assess, identify, and actively

recruit minority employees with potential for further advancement.

(i) The appointment of senior management staff members to oversee

affirmative action efforts and the setting up of timetables to carry out

affirmative action principles.

3. Consistent with sound investment policy, the comptroller shall

invest the assets of the common retirement fund in such a manner that

the investments in institutions doing business in or with Northern

Ireland shall reflect the advances made by such institutions in

eliminating discrimination as established pursuant to subdivision two of

this section.