Administration

In Sign of Times, Choice Debuts in Florida

May 8, 2000 (PLANSPONSOR.com) - Signalling a trend, Florida lawmakers Friday approved a bill to allow public workers a choice between their traditional defined benefit pension plan and a 401(k)-style plan.

In Sign of Times, Choice Debuts in Florida

May 8, 2000 (PLANSPONSOR.com) - Signalling a trend, Florida lawmakers Friday approved a bill to allow public workers a choice between their traditional defined benefit pension plan and a 401(k)-style plan.

SMOKE OUT – Teacher Fund To Sell Tobacco Holdings

June 7, 2000 (PLANSPONSOR.com) - The nation's third largest public pension fund plans to sell more than $237 million worth of tobacco stocks - most of its tobacco holdings - as quickly as prudent, noting that recent litigation makes it a risky investment.

Finance Salaries Off to a Good Start

December 6, 2000 (PLANSPONSOR.com) - CFOs and treasurers at mid-sized firms could see starting salaries rise 11.7% next year, according to the 2001 Robert Half and Accountemps Salary Guide.

Venture Funding Growth Rate Slips

November 6, 2000 (PLANSPONSOR.com) - For the first time in more than two years venture capital investment fell in the third quarter. Still, the $79.9 billion invested so far this year is 137% more than the comparable period a year ago according to the National Venture Capital Association.

CalPERS Shifts Tenet Support

October 5, 2000 (PLANSPONSOR.com) - The management of Tenet Healthcare has made new commitments on corporate governance to the California Public Employees Retirement System (CalPERS), and the nation's largest public pension fund will move its support to the management slate of directors from a dissident slate at next week's meeting.

CEOs Holding On To Options

November 3, 2000 (PLANSPONSOR.com) - Chief executive officers (CEOs) at the vast majority of large corporations are holding on to their stock options, rather than cashing in, according to a new survey.

CalPERS, AFSCME Agree, Disagree on Tenet Approach

October 3, 2000 (PLANSPONSOR.com) - Despite shared concerns about executive compensation, the nation's largest public employee union and the country's largest public employee pension fund are currently on opposite sides of a board election - but that could change.