More Multiemployer Pension Plans Fall Out of Green Zone
May 21, 2012 (PLANSPONSOR.com) - Results of Segal’s latest zone-status survey of multiemployer pension plans show that they are still facing formidable funding challenges.
Administration
Pension Risk Transfer Affordability Unchanged
May 18, 2012 (PLANSPONSOR.com) - The Dietrich Pension Risk Transfer Index, which tracks the relative attractiveness of annuitizing pension liabilities, was nearly unchanged from its prior month’s level...
Group Offers Guidelines for Public Pension Disclosure Obligations
May 18, 2012 (PLANSPONSOR.com) – The National Association of Bond Lawyers (NABL) has published guidelines for state and local government disclosure obligations when offering bonds to the market.
Institutional Investors Find New Uses for ETFs
May 16, 2012 (PLANSPONSOR.com) - Institutional investors are finding increasingly strategic uses for exchange-traded funds (ETFs), according to a study from Greenwich Associates.
Plan Sponsors More Interested in Sustainable Investing
May 10, 2012 (PLANSPONSOR.com) - Sustainable investing is gaining more interest from investors and plan sponsors.
Positive Q1 Returns for U.S. Master Trust Universe
May 10, 2012 (PLANSPONSOR.com) - The median return of the BNY Mellon U.S. Master Trust Universe was 7.12% for the first quarter of 2012.
U.S. Pension Funding Status Slips in April
May 9, 2012 (PLANSPONSOR.com) - The funded status of the typical U.S. corporate pension plan in April fell 3.5 percentage points to 76.3%—the first decline in 2012, according...
TDF Glidepaths Change Little in 2011
May 8, 2012 (PLANSPONSOR.com) – It was a relatively quiet year on the target-date fund glide path front—at least as far as major equity/fixed-income changes go, according to...
Public Pensions Struggle to Make Required Contributions
May 7, 2012 (PLANSPONSOR.com) – An issue brief from the Center for State and Local Government Excellence looks at the effects of the 2008-2009 stock market decline on...
CalSTRS Seeking Changes in Wal-Mart’s Corporate Governance
May 4, 2012 (PLANSPONSOR.com) - The California State Teachers' Retirement System (CalSTRS) is suing Wal-Mart Stores Inc. executives and board members.
Institutional Investors See Healthy First Quarter
May 2, 2012 (PLANSPONSOR.com) - As a result of the double digit returns of equities and real estate investment trusts (REITs), all institutional plan types reported strong positive...
Baltimore Fund Consolidates Pension Suit
May 2, 2012 (PLANSPONSOR.com) – The City of Baltimore and New Britain Firefighters’ Benefit Fund filed a consolidated and amended complaint against Citigroup Inc. Credit Suisse AG, Bank...
Pension Plan Funded Status Falls in April
May 2, 2012 (PLANSPONSOR.com) - The aggregate deficit in pension plans sponsored by S&P 1500 companies grew $39 billion in April to $375 billion, according to new figures...
La. Pension Sues Sprint Over Sales Tax Issue
May 2, 2012 (PLANSPONSOR.com) - Sprint Nextel Corp. was sued by a Louisiana pension fund after New York’s attorney general accused the company of deliberately failing to pay...
Towers Watson Details Fairer Hedge Fund Fees
May 1, 2012 (PLANSPONSOR.com) - Approximately one-third of outperformance from skill should go to hedge fund managers in the form of fees, with the rest going to the...
Public Pension Assets Increase More Than $257 Billion
May 1, 2012 (PLANSPONSOR.com) - U.S. state and local public-employee retirement systems had $2.7 trillion in total cash and investment holdings in 2010.
Mass. Pension Sues Google Over Proposed Stock Split
May 1, 2012 (PLANSPONSOR.com) – Google, Inc. was sued by a Brockton, Massachusetts, pension fund that claims the company’s planned stock split would unfairly create nonvoting shares.
NYC Pensions to Challenge Wal-Mart Board
May 1, 2012 (PLANSPONSOR.com) – New York City’s pension funds announced plans to vote their 4.7 million Wal-Mart company shares against five directors standing for re-election to the...
Regulations Changing DB Use of OTC Derivatives
April 27, 2012 (PLANSPONSOR.com) - Over-the-counter (OTC) derivatives, such as interest rate swaps, have become standard tools for defined benefit pension plans.
Employees Sue Oregon Pension for Risky Investments
April 27, 2012 (PLANSPONSOR.com) - Two Oregon state employees sued one of the outside money managers most favored by Oregon's state pension fund for fraud.