§ 423-a. Northern Ireland related investments.
1.Notwithstanding any\nother provision of law, on and after January first, nineteen hundred\neighty-seven, any moneys or assets of the common retirement fund which\nshall remain or be invested in the stocks, securities or other\nobligations of any institution or company doing business in or with\nNorthern Ireland or with agencies or instrumentalities thereof, shall be\ninvested subject to the provisions of subdivision three of this section.\n 2. On or before the first day of January of each year, the comptroller\nshall determine the existence of affirmative action taken by\ninstitutions or companies doing business in Northern Ireland to\neliminate ethnic or religious discrimination based on actions taken for:\n (a) Increasing the represe
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§ 423-a. Northern Ireland related investments. 1. Notwithstanding any\nother provision of law, on and after January first, nineteen hundred\neighty-seven, any moneys or assets of the common retirement fund which\nshall remain or be invested in the stocks, securities or other\nobligations of any institution or company doing business in or with\nNorthern Ireland or with agencies or instrumentalities thereof, shall be\ninvested subject to the provisions of subdivision three of this section.\n 2. On or before the first day of January of each year, the comptroller\nshall determine the existence of affirmative action taken by\ninstitutions or companies doing business in Northern Ireland to\neliminate ethnic or religious discrimination based on actions taken for:\n (a) Increasing the representation of individuals from underrepresented\nreligious groups in the workforce including managerial, supervisory,\nadministrative, clerical and technical jobs.\n (b) Providing adequate security for the protection of minority\nemployees both at the workplace and while travelling to and from work.\n (c) The banning of provocative religious or political emblems from the\nworkplace.\n (d) Publicly advertising all job openings and making special\nrecruitment efforts to attract applicants from underrepresented\nreligious groups.\n (e) Providing that layoff, recall, and termination procedures should\nnot in practice favor particular religious groupings.\n (f) The abolition of job reservations, apprenticeship restrictions,\nand differential employment criteria, which discriminate on the basis of\nreligion or ethnic origin.\n (g) The development of training programs that will prepare substantial\nnumbers of current minority employees for skilled jobs, including the\nexpansion of existing programs and the creation of new programs to\ntrain, upgrade, and improve the skills of minority employees.\n (h) The establishment of procedures to assess, identify, and actively\nrecruit minority employees with potential for further advancement.\n (i) The appointment of senior management staff members to oversee\naffirmative action efforts and the setting up of timetables to carry out\naffirmative action principles.\n 3. Consistent with sound investment policy, the comptroller shall\ninvest the assets of the common retirement fund in such a manner that\nthe investments in institutions doing business in or with Northern\nIreland shall reflect the advances made by such institutions in\neliminating discrimination as established pursuant to subdivision two of\nthis section.\n