Magazine Articles

Table of Contents |October 1994

Plan Sponsor 1994 Global Custody Survey

State Street and Chase take the top spots in the 1994 survey of global custody services. Meanwhile, a select group of European providers appear to be catching up...
Table of Contents |October 1994

LACERA Gets Aggressive

Los Angeles County employees hope that a pension obligation bond, plus a more aggressive asset allocation strategy, will bring financial health to their plan.
Table of Contents |October 1994

The End of the Line

CALPERS is looking at slimming down its weighty RFP questionnaires and relaxing aspects of its screening process.
Table of Contents |October 1994

Going to the Voters

Public pension issues will be debated in several key state races this fall.
Table of Contents |October 1994

Daily Valuation Dilemma

Daily valuation is now wildly popular. Some some worry that it raises costs, adds new recordkeeping stresses, and, possibly, harms investment performance.
Table of Contents |October 1994

A Wider Gateway

New IRS regulations are intended to make it easier for employers to provide different benefits packages for separate lines of business. Yet significant problems still exist, critics say.
Table of Contents |September 1994

Simplification Revisited

Pension simplification is back on the table in Congress this year. But the new bill contains troubling elements, and is fighting for attention with higher-profile issues.
Table of Contents |September 1994

If At First…

Illinois' latest attempt to cure unfunded pension obligation woes looks to have the best chance of success yet. But a hefty tax increase would likely be part of...
Table of Contents |September 1994

Mixed Reviews

Twenty years after ERISA's passage, the US private pension system is very different from what the law's framers imagined. If its central element-the defined benefit plan-is to be...
Table of Contents |September 1994

A Legislative Draftsman’s Perspective

ERISA succeeded in accomplishing its chief objectives, says one of its authors. But times have changed, and a great debate about the future of private pension development is...
Table of Contents |September 1994

The Employers Changing Role

The accent is on self-reliance as employers large and small are rethinking their old paternalistic role, including the firmness of their commitment to providing retirement benefits, says EBRI's...
Table of Contents |September 1994

Preemption Taken to the Extreme

ERISA allows the states to enact laws in certain areas that are important to multi-employer plans. But these are being seriously threatened by courts that interpret ERISA's preemption...
Table of Contents |September 1994

Hydro’s Shake-Up

Faced with a budget crunch and rising employee benefit liabilities, Ontario Hydro has turned to one of Bay Street's biggest money managers to carry out a sweeping reorganization...
Table of Contents |September 1994

Budapest to Bay Street

A skeptic of government promises, Andrew Sarlos is now charged with preserving and extending such promises to some 18,000 Ontario public utility workers.