Social Investing or Censorship?

Constitutional challenges face a Texas law which
prevents state funds from investing in record companies that
purvey violent or sexist song lyrics.

Letter of the Law |

Whitman’s Bruising POB Fight

The New Jersey governor pushed through a record $2.75 billion issue, only to face a lawsuit and a new issue for her next reelection campaign.
Letter of the Law |

Prison Terms Begin for Pension Embezzlers

Former baseball star Denny McLain and a partner stole $2.5 million from a small pension plan. Now, the fund is suing the banks that held the assets.
Letter of the Law |

Microsoft Loses Again

The Ninth Circuit confirms its decision that Microsoft wrongly denied benefits to a group of workers it claimed were "independent contractors."
Wired Participant |

Tom McMahon

Senior vice president of finance & administration, Pacific Maritime Association
Table of Contents |

The Lessons of UPS

Settlement of the highest-profile US labor-management conflict in years brings into focus some critical questions about the future of multiemployer pension plans, and about all pension plans as...
Table of Contents |

The Rights Stuff

Major funding cuts have created a financial crisis for the Pension Rights Center. But director Karen Ferguson vows to persevere.
Table of Contents |

House Of Cards

A wave of ownership changes is hitting money management firms, knocking over many long-standing relationships. Plan sponsors are scrutinizing these deals more intensely than ever.
Table of Contents |

Securitizing Real Estate

REITs are changing real estate investment by making this volatile asset class look and act more like equities. But can they overcome pension investors' fears of another market...
Table of Contents |

Bargaining Abroad

International real estate is now more than just a gleam in pension sponsors' eyes. A few sophisticated funds are already making large commitments.
Table of Contents |

In The Driver’s Seat

Plans pursue private equity deals that give them more control, more favorable terms
Table of Contents |

Bon Voyage

Why the soaring US market has not dampened pension funds' ardor for international stocks
Table of Contents |

Windy City Dust-Up

Mayor and public employee unions square off over plan to free up future pension contributions
Table of Contents |

CALPERS Hits Cyberspace

An RFP that accepts responses over email scores a hit with money managers
Table of Contents |

Disclosure Dispute

Courts split over how much information plan administrators must disclose to participants
Table of Contents |

Balancing Act

Some plans design customized balanced options to keep their 401(k) asset allocations on track
Table of Contents |

Critical Mass

Why Union Carbide keeps 401(k) administration, recordkeeping in-house instead of outsourcing
Table of Contents |

Happy Hour

New drug cocktails are expensive, but could reduce disability, return AIDS patients to work