Pension Liabilities To Be Highlighted Under Proposed GASB Rules
July 8, 2011 (PLANSPONSOR.com) – The Governmental Accounting Standards Board has released proposed new accounting rules for public pension plans.
Tag: Public
Groups Express Concern over New Pension Accounting Rules
July 7, 2011 (PLANSPONSOR.com) - In anticipation of the Governmental Accounting Standards Board (GASB) issuing its Exposure Drafts outlining new...
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ING Chosen as PERA Recordkeeper
July 5, 2011 (PLANSPONSOR.com) - The Colorado Public Employees' Retirement Association (PERA) Board of Trustees has chosen ING's Retirement division...
Local Government Plan Funded Status Declined
July 5, 2011 (PLANSPONSOR.com) – An update from the Center for Retirement Research at Boston College indicates that the funded...
MN Judge Allows for Cutback of Pension COLAs
July 1, 2011 (PLANSPONSOR.com) – A Minnesota judge has thrown out a lawsuit challenging cuts to cost of living adjustments...
Benefits |
Michigan Senate Bill Alters Teacher Tenure Rules
July 1, 2011 (PLANSPONSOR.com) – The Michigan Senate passed a package of bills that would alter teacher tenure rules and...
Public Plans Reach Highest Assets Since Q208
July 1, 2011 (PLANSPONSOR.com) – A new report from the U.S. Census Bureau shows that for the 100 largest public...
Court Supports Lowering COLAs for COPERA Members
June 30, 2011 (PLANSPONSOR.com) - A Denver district judge has thrown out a lawsuit challenging legislation that lowers cost-of-living increases...
Benefits |
Atlanta Council Approves Municipal Pension Changes
June 30, 2011 (PLANSPONSOR.com) - The Atlanta City Council has approved a pension reform bill aimed at paying off the...
Opinions |
Public Pension McCarthyism
June 30, 2011 (PLANSPONSOR.com) - In the early 1950s the junior senator from Wisconsin made quite a name for himself by...
KY Audit Details Questionable Placement Agent Activities
June 29, 2011 (PLANSPONSOR.com) – An auditor’s report found nearly $11.6 million in fees paid or committed to placement agents...
Study Identifies Common Element of Well-Funded Public Plans
June 29, 2011 (PLANSPONSOR.com) - A new research report released by the National Institute on Retirement Security examines six defined...
Illinois TRS to Boost Private Equity Investments
June 24, 2011 (PLANSPONSOR.com) - The Illinois Teachers’ Retirement System Board of Trustees has approved a new 12-month tactical investment...
NJ Legislature Approves Cuts to Public Worker Benefits
June 24, 2011 (PLANSPONSOR.com) - New Jersey public employees will receive smaller pensions and be required to pay more for health-care...
Florida Passes Public Worker Severance Pay Law
June 24, 2011 (PLANSPONSOR.com) – Florida Governor Rick Scott has signed legislation placing restrictions on severance pay for public workers.
Benefits |
Federal Pension Reform May Provide Blueprint for States
June 23, 2011 (PLANSPONSOR.com) - As various states grapple with reforming their public employee pension systems, the nonpartisan Employee Benefit...
Benefits |
CT Town Looking for Input on Retirement Benefits Offering
June 22, 2011 (PLANSPONSOR.com) - The board of selectmen of Simsbury, Connecticut, voted to seek requests for proposals from third-party...
Benefits |
Postal Service to Suspend Retirement Contributions
June 22, 2011 (PLANSPONSOR.com) - The U.S. Postal Service will suspend its contributions to the Federal Employees Retirement System to...
Benefits |
FL Teachers Group Sues over Diversion of Pay to Pensions
June 21, 2011 (PLANSPONSOR.com) - The Florida Education Association has filed a class-action lawsuit against Governor Rick Scott and other...
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CalSTRS Offers Online Retirement Applications
June 20, 2011 (PLANSPONSOR.com) - California State Teachers’ Retirement System (CalSTRS) members can now fill out and submit service retirement...