Tag: Public Pension

To help with the state budget deficit, Governor Dannel Malloy proposed shifting one-third of the cost of teacher pensions to...

Due to strong market performance during Q1 2017, the funded status improved for the 100 largest public DB plans in...

“Current and future taxpayers are paying for the choices of prior administrations to extend generous benefits and/or not properly fund...

“This quarter’s return boosted the one-year return to 10.49% for the year ending March 31, 2017,” says Robert J. Waid,...

The analysis found certain themes surface with regard to systems that have developed robust communication and financial reporting initiatives.

Data from Pew does not reveal a best or one-size-fits-all approach to successful investing, but there is a uniform need...

The simulator shows the potential impact of reform options on plan cost and retiree benefits.

S&P Global Ratings estimates CalPERS and CalSTRS will contribute $2 billion more a year toward pension costs.

Many of the largest pension plans in the U.S. are lowering assumed long-term rates of return in light of global economic headwinds,...

Public plans that reduce their return assumption in the face of diminished near-term projections will experience an immediate increase in...

In the wake of the financial crisis of 2008, public pension plans made several reforms including benefit cuts, and increases...

The goal is a 7% discount rate.

The Securities and Exchange Commission also charged two broker/dealers in the scheme.

The California Public Employee Retirement system outlines several cost-saving strategies including changes to its health care program and its investment-management...

The Louisiana Firefighters’ Retirement System and other public pension funds alleged that Northern Trust breached its fiduciary duties and its...

Estimates show the Public Safety Personnel Retirement System will have to pay contribution refunds and retroactive benefit increases up to...

Corporate ERISA plans were helped by a significant allocation to high yield, emerging market debt and longer duration investment grade...

A report from Department of Financial Services Superintendent Maria T. Vullo says actions of the New York State Comptroller are...

AXA appoints divisional VP for tax-exempt retirement plan market; Integrated Retirement partners with Advaney Associates on participant communications; Connecticut Treasurer...

Among other things, a federal appellate court found rolling back items implemented in Detroit’s bankruptcy plan would harm countless third-parties,...