AUSTIN, Texas--(BUSINESS WIRE)-- New York Life Insurance Company representatives from New York Life Insurance Company's Long Term Care Office (LTC) in Austin participated in the company's first Global Month of Service in May.

To champion the Supporting Youth Worldwide theme, 27 New York Life volunteers partnered with LifeWorks to refurbish the organization's Transitional Living Shelter and conducted a clothing drive for newborn infants of teenage mothers. LifeWorks is a local non-profit organization which provides a continuum of services in the areas of housing, counseling and education to youth and families in need.

New York Life designated May as Global Month of Service, to expand its long-standing tradition of giving back, providing New York Life employees, agents, family members, friends and policyholders an opportunity to make a global impact in local communities. Over 3,500 New York Life volunteers contributed 50,000 volunteer hours worldwide in over 200 projects for this initiative.

"Employees of New York Life's LTC Operation based in Austin embraced the opportunity to make a positive impact in the local community by volunteering at LifeWorks," said Mike Gallo, senior vice president, Long Term Care, New York Life. "We were proud to be able to contribute time and energy to support youth as New York Life employees and agents did across the globe in May."

"New York Life Volunteers are making a significant impact on the lives of young people, many of whom did not grow up with stable adult relationships. All youth have the potential to succeed if they know that adults support them," said Susan McDowell, LifeWorks Executive Director. "New York Life demonstrates their faith in our youth through financial support and by rolling up their sleeves the way any parent would to help their own child learn new skills and prepare for adulthood. The work of nonprofit organizations like LifeWorks would not be possible without this kind of corporate commitment."


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

Lacey Siegel, 212-576-7937

Lacey_S_Siegel@NewYorkLife.com

or

Sloane & Company

Amanda Kiely, 212-446-1896

AKiely@sloanepr.com

Source: New York Life Insurance Company