Tag: Public

Benefits | May 17th, 2011

Governments Seeing Increase in Retirements

May 17, 2011 (PLANSPONSOR.com) - Retaining staff needed for core services, reducing employee health care costs, and addressing employee morale...

Administration | May 17th, 2011

CalPERS Develops Divestment Plan for Remaining Iran, Sudan Holdings

May 17, 2011 (PLANSPONSOR.com) – The nation’s largest public pension plan has developed a plan to divest...

Benefits | May 13th, 2011

Detroit Mayor Wants Switch to 403(b)s

May 13, 2011 (PLANSPONSOR.com) - Facing a $155-million deficit and the prospect of the state appointing an emergency financial manager,...

Benefits | May 12th, 2011

CalPERS Responds to Pension Reform Proposal

May 12, 2011 (PLANSPONSOR.com) – The California Public Employees Retirement System (CalPERS) says a preliminary review of a pension reform...

Benefits | May 12th, 2011

CA Court Rules for Disclosing Public Pension Amounts

May 12, 2011 (PLANSPONSOR.com) – A California state appeals court ruled that the public has the right to learn the...

Benefits | May 10th, 2011

Amidst Retirement Exodus, NH Answers Questions on Legislation

May 10, 2011 (PLANSPONSOR.com) - The New Hampshire Retirement System (NHRS) has updated its Web site to answer inquiries about...

Benefits | May 10th, 2011

KS Senate Approves Pension Reform with no DC Plan

May 10, 2011 (PLANSPONSOR.com) - The Kansas Senate approved a proposal for attacking the funding problems facing the state pension...

Compliance | May 6th, 2011

Groups Urge Legislators not to Disrupt Public Pension Oversight

May 6, 2011 (PLANSPONSOR.com) – Organizations testifying before a U.S. House panel contended that public pensions are faring better than...

Benefits | May 6th, 2011

Non-Profit Proposes CA Public Retirement System Revamp

May 6, 2011 (PLANSPONSOR.com) - The California Foundation for Fiscal Responsibility, a non-profit dedicated to finding solutions for California public employee...

Compliance | May 5th, 2011

DE Governor Signs Pension Reform

May 5, 2011 (PLANSPONSOR.com) – Delaware Governor Jack Markell has signed legislation designed to reign in state retiree pension and...

Administration | May 5th, 2011

Fair-Value Measure Truer Picture of Public Pension Costs

May 5, 2011 (PLANSPONSOR.com) – An Issue Brief from the Congressional Budget Office suggests that the fair-value approach for measuring...

Opinions | May 4th, 2011

Where’s the Alpha?

May 4, 2011 (PLANSPONSOR.com) - In funding public sector defined benefit plans, the average assumed rate of return on assets...

Opinions | May 2nd, 2011

Public Employee Retirement Plans and the Myth of the Risk-Free Rate

May 2, 2011 (PLANSPONSOR.com) - For a few years now, with increasing intensity over the past couple of years, there...

Benefits | April 29th, 2011

Decreased Employer Contributions to Pensions Removed from Ohio Bill

April 29, 2011 (PLANSPONSOR.com) - The proposed Ohio state budget bill no longer includes language that would set the pension...

Benefits | April 29th, 2011

OK Pension Commission Recommends Nixing Unfunded COLAs

April 29, 2011 (PLANSPONSOR.com) - The Oklahoma State Pension Commission approved a recommendation that legislators not grant cost-of-living adjustments for...

Administration | April 27th, 2011

CalPERS Commits $400M to Emerging Managers

April 27, 2011 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) has committed a total of $400 million to...

Benefits | April 26th, 2011

Study Finds DC Plans May Have a Role in Public Sector

April 26, 2011 (PLANSPONSOR.com) – A new study concludes that defined contribution plans may well have a role in the...

Administration | April 26th, 2011

Group Says Report on State Retiree Benefit Funding Is “Flawed”

April 26, 2011 (PLANSPONSOR.com) - The National Conference on Public Employee Retirement Systems (NCPERS) says a new analysis from the...

Administration | April 26th, 2011

Report Indicates $1.26T Funding Gap for State Retiree Obligations

April 26, 2011 (PLANSPONSOR.com) – A new report contends the gap between the promises states made for employees’ retirement benefits...

Administration | April 26th, 2011

Survey Finds Public Pensions Generally Healthy

April 26, 2011 (PLANSPONSOR.com) - Public pension funds are reporting strong investment returns, growing assets and more than adequate funding...