CalPERS Reports 1% Investment Return for FY 2012
July 16, 2012 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) reported a 1% return on investments for the 12 months that ended June 30.
Administration
Mutual Funds Saw Lowest Monthly Intake in June
July 16, 2012 (PLANSPONSOR.com) - Long-term mutual funds recorded their lowest monthly intake year to date with just $10.8 billion in new money in June, according to data...
Flat CalSTRS Returns Reflect Challenging Global Markets
Jul 16, 2012 (PLANSPONSOR.com) - Flat investment returns at the California State Teachers' Retirement System (CalSTRS) reflected the highly volatile and challenging global markets of the 2011-12 fiscal...
Proposed Pension Reporting Changes Could Hurt Governments
July 12, 2012 (PLANSPONSOR.com) – Moody’s Investor Services issued a request for comment about a proposal to implement four changes to pension reporting by state and local governments.
Pensions See Near-Record Funding Deficit in June
July 9, 2012 (PLANSPONSOR.com) – Plunging discount rates drove up pension liabilities in June, swamping asset improvement and capping a bad second quarter.
Real Estate Number One Alternative Asset of Pension Funds
July 9, 2012 (PLANSPONSOR.com) – Total alternative assets managed on behalf of pension funds by the top 100 managers (ranked by pension fund assets) was $1.2 trillion in...
Pension Relief Bill Presents Risks
July 6, 2012 (PLANSPONSOR.com) - New pension rules may provide relief for underfunded pension plans but they can also increase risk, according to Karin Franceries, an executive director...
Pension Funding Rebounds in June
July 5, 2012 (PLANSPONSOR.com) - The funded status of the typical U.S. corporate pension plan rebounded 1.8 percentage points to 71.6% in June, according to the BNY Mellon...
DB Plans See Q1 Funding Gains Erased in Q2
July 3, 2012 (PLANSPONSOR.com) – A sharp decline in pension plan funding ratios in the second quarter erased all of first quarter’s gains, according to a report.
Pension Funding Deficits Grew $59B in 2012
July 3, 2012 (PLANSPONSOR.com) - The aggregate deficit in pension plans sponsored by S&P 1500 companies grew $59 billion in the first half of this year, to $543...
DB Sponsors Have Incentive to Keep Plans Well Funded
July 2, 2012 (PLANSPONSOR.com) – New pension rules will reduce defined benefit (DB) plan sponsors’ near-term required contributions, but will also raise premiums to the PBGC (Pension Benefit...
Congress Passes Bill with Pension Funding Relief
June 29, 2012 (PLANSPONSOR.com) – Congress has given final approval to a bill that includes provisions that would give defined benefit plan sponsors some funding relief.
Public Pensions Post Record Earnings in Q1
June 29, 2012 (PLANSPONSOR.com) - For the 100 largest public-employee retirement systems in the country, earnings on investments totaled $179.2 billion in Q1, according to U.S. Census Bureau...
Foundation and Charity Returns Negative in 2011
June 29, 2012 (PLANSPONSOR.com) - Two companion studies of the nonprofit sector show that investment returns were slightly negative in FY2011 after rising in the range of 12%...
Public Pension Reforms Help Improve Finances
June 28, 2012 (PLANSPONSOR.com) - The Center for State and Local Government Excellence’s review of pension plan reforms made by five state and local governments finds improved pension...
CalPERS Buys Stake in Real Estate Investment Adviser
June 27, 2012 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) became a one-third owner in one of North America’s largest real estate investment advisers.
State Pension Funding Levels Recovering
June 22, 2012 (PLANSPONSOR.com) - U.S. states' pension funded levels are gradually recovering from their fall in 2010, according to Standard & Poor's Ratings Services' annual survey.
NCPERS Says Pew Report Flawed – Again
June 22, 2012 (PLANSPONSOR.com) – The National Conference on Public Employee Retirement Systems (NCPERS) has dismissed a Pew Center report about public pension funding as flawed and out...
Pension Funding Stabilization Not Long-Term Cure
June 19, 2012 (PLANSPONSOR.com) – Pension funding stabilization provisions of a bill currently going through Congress would provide pension plan sponsors some short-term relief, but would not address...
Institutional Investors Warming Up to Alternatives
June 19, 2012 (PLANSPONSOR.com) - There’s been an uptick in global demand for alternative investments to support diversification and alpha generation, according to the 2012 Global Survey on...