Data and Research | August 8th, 2019 Case Studies Suggest Move From Public Pensions Hurts Taxpayers Experiences of four states that moved from traditional defined benefit (DB) plans to cash balance or defined contribution (DC) plans...
Investing | May 14th, 2019 Institutional Plan Returns Rebound in Q1 2019 According to Northern Trust, Corporate Employee Retirement Income Security Act (ERISA) pension plans had the best first quarter on a...
Data and Research | February 14th, 2019 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...
Data and Research | January 9th, 2019 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...
Investing | November 15th, 2018 Institutional Investors Set Principles for Firearms Industry They are focused on reducing risk, which Connecticut State Treasurer Denise L. Nappier says is a priority for institutional investors...
Administration | September 19th, 2018 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...
Compliance | May 23rd, 2018 GASB Issues Implementation Guide Answering Questions About Recent Statements The Implementation Guide answers questions about Statement No. 68, “Accounting and Financial Reporting for Pensions” and Statement No. 74, “Financial...
Data and Research | May 16th, 2018 Cutting Public Pension Benefits Would Hurt the Economy The impact of investment of assets plus spending of pension checks by retirees in 2016 yielded a $1.3 trillion contribution...
Compliance | April 23rd, 2018 Investment Firms Sued Over Kentucky Retirement Systems Hedge Fund Investments The lawsuit alleges investment firms sold investments to KRS that were “extremely high-risk” and produced “excessive fees, poor returns and...
Data and Research | February 15th, 2018 Case Study Warns of Effect of Move From Public DB to Public DC The NIRS studied the case of Palm Beach, Florida, which it says offers “an important cautionary tale on the detrimental...
Participants | January 4th, 2018 Public Pension Fund Members Largely Unaware of Underfunding Public pension fund members surveyed expressed interest in more transparency about pension fund investments and investment returns.
Investing | November 1st, 2017 Institutional Plan Sponsors Continue to See Uptick in Returns A relatively large allocation to international equities in Public Funds helped them beat out returns for Corporate ERISA plans and...