PLANSPONSOR Magazine

COVER

Latitude to Sue

Fears that a recent Supreme Court decision will make
it harder for plan participants to sue could lead to sweeping
legislation

Table of Contents |October 1993

A Win for Federal Pensioners

The Supreme Court says states must make good a 50-year-old disparity in taxation of federal retirees
Table of Contents |October 1993

Reluctant Internationalists

Smaller Canadian pension plans are not taking advantage of relaxed rules which raise their international ceiling to 20%
Table of Contents |October 1993

TIFF Supporters Turn Up Heat

Pooled investment group for foundations sets up a mutual fund group, presses Congress on enabling legislation
Table of Contents |October 1993

Commercial Mortgages Revisited

Two sectors of the much-maligned commercial mortgage market are attracting new attention
Table of Contents |October 1993

Dick Carnwath

Vulcan Materials Company
Table of Contents |October 1993

Back From the Brink

LTV's bankruptcy meant seven years of crisis for pensioners and the PBGC. The company's reemergence marks a major victory for the private pension insurance system.
Table of Contents |October 1993

Benefits Restored

The new LTV's pension structure actually provides somewhat better benefits than the old one. It also helps the company get better control of costs
Table of Contents |October 1993

Making GICs New Again

New-generation GICs are taking the defined contribution world by storm. But choosing the best structure is no simple task.
Table of Contents |October 1993

Who Wraps What, and Why

New-style GICs put the focus on flexibility, credit quality, and the provider's profile.
Table of Contents |October 1993

Local Hero

David Bronner, Alabama's public pension chief, is a maverick investor and political kingpin. How far will he go?
Table of Contents |October 1993

Timber Bulls

US timberland funds are harvesting profits like so much fresh pine. Some are already looking at other ways to make trees into money.
Table of Contents |October 1993

The Market-Neutral Move

Worried about what will happen when the bull equity market ceases to rage, some sponsors are taking a new look at market-neutral investing.
Table of Contents |October 1993

Taking the Fall

Were pension funds the fall guys of the real estate market's boom and bust? Maybe, if you look at the numbers.
Table of Contents |October 1993

The Fatal RFP

The hiring of six managers who did not meet its RFP standards has resulted in upheaval and a political battle for a big Massachusetts state pension fund.
Table of Contents |October 1993

Decade of the Upstart

Performance is slipping at Canada's big private money managers. Their pension clients are giving an ear to a new generation of challengers.
Table of Contents |October 1993

Deficit Reduction and You

The Clinton deficit reduction package affects pension beneficiaries in some unexpected ways, and raises new issues for plan sponsors.
Table of Contents |October 1993

Not Dead Yet

The European Pension Directive still has a chance to make it in 1993. If it doesn't, pension unification in the EC could be years away.
Table of Contents |October 1993

New Deal for Mexican Pensions

Multinationals with pension plans in Mexico are analyzing the impact of a new obligatory state-sponsored program.
Table of Contents |October 1993

DB Managers Come Calling

Despite hurdles, some institutional money managers are making inroads in the 401(k) marketplace.
Table of Contents |October 1993

Participant’s Preference

A new analytic tool, developed by JP Morgan Investment Management and four plan sponsors, attempts to quantify plan participants' priorities.
Table of Contents |October 1993

Competition On Education

Some 401(k) sponsors are looking to a new breed of independent providers to supply their employees with education and asset allocation tools.
Table of Contents |October 1993

Swapping for safety

Real estate swaps-the first one was completed this year-allow pension investors to more easily control their exposure to risky property markets.
Table of Contents |October 1993

Funds and Games

Foundations and endowments are using mutual funds to extend professional money management over as much of their portfolios as possible.
Table of Contents |October 1993

Health Care Reform Hits Home

How the Clinton health care plan could help companies to save on FAS 106 liabilities.
Table of Contents |October 1993

Overdose!

Prescription drugs are swallowing an ever-larger portion of plan sponsors' medical benefits budgets- especially for retiree coverage. Here are a few ways to cut costs.
Table of Contents |October 1993

Technology Play

University endowments are taking technology transfer investing one step beyond. But some voices are urging caution
Table of Contents |October 1993

Countdown to Market 2000

With a new chairman in place, the SEC is finally getting down to business on market reform. But in the growing debate, plan sponsors are in danger of...
Table of Contents |October 1993

Taking Aim

CALPERS' corporate governance team produces a target list of a dozen "low-performing" companies to work with every year. Here is how they do it.
Table of Contents |October 1993

The Lure of Alliances

A plethora of total service alliances are vying to outsource plan sponsors' administrative chores, challenging what was once a mutual fund-dominated business.