Case Study Shows How to Improve Public DB Investment Allocation Process
The San Bernardino County Employees’ Retirement Association uses knowledge management and InvestTech to make better-informed portfolio rebalancing decisions.
Tag: public defined benefit plans
Contributions and Asset Returns Give State Pensions a Positive 2018
Wilshire Consulting also reports significant changes to state pensions’ allocations to equity and real assets over the past decade.
DB Plans Can Afford to Loosen Up on Target Allocations
Two separate reports suggest that public pension plans’ strict adherence to target allocations and corporate pension plans’ focus on bonds...
SEC Says Public Pension Funds Duped by County Manager
The regulator says a romantic interest led a county manager in Georgia to recommend one investment adviser over others to...
Public Pension Plan Sponsors Struggle to Contribute Sufficiently to Plans
Employer contributions to public pensions fell below certain benchmarks for improving plan funded status, and the Society of Actuaries suggests...
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...
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...
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...
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...
OPERS Reduces Return Assumptions
OPERS said the move is expected to lower its funding level, but increase the time in which it can pay...
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...
San Diego’s Move to DC Plan in Limbo
The California Supreme Court has asked an appellate court to review a proposal approved by voters in 2012 to place...
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...
Willis Towers Watson Reaches Settlement With City of Houston
The original lawsuit alleged negligence and professional malpractice by Willis Towers Watson in its actuarial work for the city; the...
Gun Divestment Bill Introduced in Massachusetts Legislature
State pensions have a history of “talking with their feet” in a show of activism against undesirable products or actions.
W. Va. Bill Would Criminalize Failure to Make Public Pension System Contributions
Under the proposed legislation, any employer or public official who willfully fails to make contributions to public pension plans can...