Administration

Administration | April 12th, 2010

MD Teachers’ Pension Cost Shift Takes a Different Road

April 12, 2010 (PLANSPONSOR.com) – Maryland state lawmakers reached a budget compromise that would avoid shifting hundreds of millions of dollars in teacher pension payments to local governments.

Administration | April 10th, 2010

Officials Triple U.K. Pension Tax Income

April 12, 2010 (PLANSPONSOR.com) – U.K. Treasury officials have tripled their estimate of the one-time cost that pension plans, employers, and individuals will have to pay due to...

Administration | April 9th, 2010

MO House Okays Terror Investment Ban

April 9, 2010 (PLANSPONSOR.com) – The Missouri House has given preliminary approval to a bill that would ban state retirement plans, including the Missouri State Employees Retirement System (MOSERS),...

Administration | April 9th, 2010

Future for State and Local Government Pension Funding not Bright

April 9, 2010 (PLANSPONSOR.com) – An update on the funding status of state and local government pension plans shows that while states and localities were on a path...

Administration | April 8th, 2010

Securities Litigation Declined in 2009

April 8, 2010 (PLANSPONSOR.com) - Securities litigation declined significantly in 2009 compared with 2008, according to a study by accounting firm and consultant PricewaterhouseCoopers.

Administration | April 8th, 2010

Federal Charges Dismissed for Former SDCERS Officials

April 8, 2010 (PLANSPONSOR.com) – A federal court has dismissed fraud charges against former San Diego City Employees’ Retirement System officials relating to benefits contributions in 2002.

Administration | April 8th, 2010

SDCERS Loses Effort to Get More Pension Funding from City

April 8, 2010 (PLANSPONSOR.com) - A California judge has rejected a $177 million claim by the San Diego City Employees' Retirement System against the city.

Administration | April 7th, 2010

Plan Sponsors Continue Use of Stable Value, but Lack Understanding

April 7, 2010 (PLANSPONSOR.com) - Throughout the turbulent economic environment of the last several years, stable value has continued to offer a safe haven for defined contribution plan...

Administration | April 7th, 2010

Multiemployer Funding Picture Brightening

April 7, 2010 (PLANSPONSOR.com) – An analysis of the Pension Protection Act funding status of 227 Segal Company multiemployer clients on a calendar status found 54% are in the...

Administration | April 7th, 2010

Institutional Investment Managers Expect Volatility and Growth

April 7, 2010 (PLANSPONSOR.com) - Institutional investment managers are anticipating increased market volatility and higher interest rates, but remain bullish on corporate profits and global economic growth in...

Administration | April 7th, 2010

Pensions See Modest 2009 Uptick

April 7, 2010 (PLANSPONSOR.com) –The financial health of the nation’s 100 largest corporate pension plans improved modestly in 2009, largely due to strong stock market returns.

Administration | April 7th, 2010

Institutional Investors Increasingly Turning to ETFs

April 7, 2010 (PLANSPONSOR.com) - Institutional investors are finding that exchange-traded funds can be helpful tools in portfolio management tasks such as cash equitization, transition management, rebalancing, and...

Administration | April 6th, 2010

State Street Wins $2.1M MA Pension Investment Mandate

April 6, 2010 (PLANSPONSOR.com) - State Street Corp. won two mandates to invest a total of $2.1 billion for Massachusetts’ public pension fund.

Administration | April 6th, 2010

DB Plans’ Funded Ratio Ticks Up in Q110

April 6, 2010 (PLANSPONSOR.com) - The UBS Global Asset Management US Pension Fund Fitness Tracker found the typical pension plan ended the first quarter with an increase in...

Administration | April 6th, 2010

Mercer Finds Corporate Plans Changing Allocations Seeking Recovery

April 6, 2010 (PLANSPONSOR.com) – Mercer says it believes that many sponsors are planning ahead seeking ways to prevent the dramatic declines in funded status observed in 2002...

Administration | April 5th, 2010

Former TCW Fund Manager Launches New Funds

April 5, 2010 (PLANSPONSOR.com) - DoubleLine Funds Trust will launch two open-end mutual funds on Tuesday April 6, 2010.

Administration | April 5th, 2010

Pension Funding Reaches Best Level Since Market Crash

April 5, 2010 (PLANSPONSOR.com) - A strong March rally in U.S. and international stocks drove the value of U.S. corporate pension plan assets higher, resulting in the best...

Administration | April 2nd, 2010

Second Thoughts Emerge on SDCERA Outsourcing Deal

April 2, 2010 (PLANSPONSOR.com) – The San Diego County pension system may not be outsourcing its investment management function, after all.

Administration | March 31st, 2010

Court Dismisses Pension Fund's Shareholder Suit against AIG

March 31, 2010 (PLANSPONSOR.com) - A federal judge has dismissed a shareholder lawsuit accusing current and former American International Group Inc. executives and directors of ignoring “red flags”...

Administration | March 31st, 2010

Detroit Opposes Pension Takeover

March 31, 2010 (PLANSPONSOR.com) - The Detroit City Council has unanimously voted to oppose state legislation that would turn over management of the city's pension systems to the...