Public Pensions Report Strong 2018 Returns
Between nearly doubled investment returns, stable contributions and cost-effectiveness, the "2018 NCPERS Public Retirement Systems Study” shows an increase in...
Tag: public DB plans
Institutional Investors End 2018 Down More Than 4%
“Equity exposure weighed on plan performance in the fourth quarter,” says Jason Schwarz, president, Wilshire Analytics and Wilshire Funds Management.
Institutional Investors See Worst Calendar Year Performance Since Great Recession
“Fixed income was something of a safe harbor in the fourth quarter, and Corporate ERISA plans benefited from larger allocations...
Public DB Plans Invest More in Risker Assets Than Private Plans
Research from the Center for Retirement Research (CRR) at Boston College also suggests public defined benefit (DB) plan return assumptions...
Society of Actuaries Releases Public Retirement Plan Mortality Tables
It developed the new tables to give pension actuaries and plan sponsors current information to assist in setting mortality assumptions...
Study Supports DB Plans Over DC Plans for Teachers
The study, which evaluated pensions against hypothetical 401(k) plans, finds 77% of teachers in six states will work long enough...
Proposals Could Further Erode Perceived Health of Public Pensions
Reporting proposals from the Actuarial Standards Board and Congress, as well as new proposed mortality tables from the Society of...
Institutional Investors Maintain Positive Performance in Q3 2018
BNY Mellon says higher allocations to U.S. equity drove outperformance as U.S. fixed income sustained its streak as the lowest...
New York AG Accuses Exxon of Misleading Investors About Climate Change Risk
The New York State Common Retirement Fund and the New York State Teachers Retirement System hold Exxon shares with a...
Generalizations Do Not Show the True Picture for Public Pensions
Looking at the average funded ratio of all public pensions leads to generalizations, but dividing them into groups shows many...
OPERS Reduces Return Assumptions
OPERS said the move is expected to lower its funding level, but increase the time in which it can pay...
Analysis Finds Shift Away from U.S. Equity in Favor of Other Asset Classes
Corporate plans have significantly increased their U.S. fixed income allocation, while public plans have used the funds from U.S. equity...
Funding Level Rises for City and County Pension Plans
“The increase in global equity values for the 12-month period ending June 30, 2017 was a primary driver of the...
SOA Proposes New Public Pension Mortality Tables
The SOA said it developed the new tables once it was determined that public pensions have differing levels of mortality...
Institutional Investor Returns Rebound From Q1 2018
Institutional assets tracked by Wilshire Trust Universe Comparison Service (Wilshire TUCS) posted an all-plan median return of 0.88% for second...
Fees Negatively Correlated With Public Plans’ Ability to Meet Benchmarks
Alternative investments charge higher fees than traditional asset classes such as public equities and fixed income, and according to a...
PanAgora Suggests New Investing Strategy for Public DB Plans
“A cap-weighted strategy skews its way toward the largest stocks, but if plan sponsors own equities in a much more...
Asset Class Returns Account for Disparity in Public DB Plan Performance Results
However, the Center for Retirement Research (CRR) at Boston College found portfolio allocation did account for about one-quarter of the...
Institutional Investor Returns Pulled Down by Market Losses
Wilshire TUCS first quarter returns were weighed down by losses across all major asset classes.
State Pension Plans Reverse Two Consecutive Years of Return Declines
“A primary driver of the improvement in the funding ratio was the increase in global equity values for the 12-month...