NEW YORK, N.Y., April 29, 2009 – New York Life Insurance Company announced today that May 1 will mark the beginning of the company’s first Global Month of Service, when thousands of agents and employees will join with their families, neighbors and community groups to volunteer with local organizations that support disadvantaged youth in the United States, Asia and Latin America.
“These are extraordinarily challenging times for so many people around the world. At New York Life, just as our financial strength is a bulwark for customers at times like these, our people around the world want to provide their strength and support to those in our communities in greatest need,” said Ted Mathas, president and chief executive officer of New York Life. “As a life insurer, we're in the business of being there for people when they need us. Our Global Month of Service is an opportunity for the entire New York Life family to work together to extend the scope of that mission and show the world that humanity is very much a part of who we are as a Company.”
The theme of New York Life’s first Global Month of Service, Supporting Youth Worldwide, is in keeping with the New York Life Foundation's philanthropic mission of “Nurturing the Children” and builds on the company’s successful volunteer programs. Volunteers will work closely with local organizations to help improve the lives of disadvantaged children and help them fulfill their potential. Members of the New York Life family throughout the United States, Mexico, India, Hong Kong, Taiwan, China, Thailand, and South Korea will be participating.
“Our 20,000 agents and employees throughout the United States have a rich tradition of giving back to their communities through philanthropy and volunteerism,” said Executive Vice President Mark W. Pfaff in charge of U.S. Life Insurance and Agency for New York Life. “With over 70 volunteer projects taking place across the country in May, the Global Month of Service is a great way to build on this year-round commitment and make a lasting impact on the communities we serve.”
New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States and one of the largest life insurers in the world. New York Life has the highest possible financial strength ratings from all four of the major credit rating agencies. Headquartered in New York City, New York Life’s family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments* provides institutional asset management and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as institutional and retail mutual funds. Visit New York Life’s Web site at www.newyorklife.com for more information.
* “New York Life Investments” is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.
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|New York Life Designates May As Global Month Of Service|