Data and Research | June 9th, 2023 US Public Pensions ‘Convinced’ Inflation is on Path to Moderation Following nine successive Federal Reserve interest rate hikes and inflation hitting a peak of 9.1% in June 2022, U.S. public...
Data and Research | August 31st, 2022 Public Pension Funds Overwhelmingly Favor ESG Resolutions State and local defined benefit pension funds support environmental, social and governance shareholder resolutions at higher rates than do general...
Investing | August 9th, 2022 GOP Attorneys General Raise Fiduciary, Antitrust Concerns in Letter to BlackRock August 4 letter to CEO Larry Fink seeks ‘clarification on actions that appear to have been motivated by interests other...
Data and Research | August 1st, 2022 Public Pensions’ Assumed Rate of Return Falls Below 7% The investment return rate has dropped to its lowest level in over 40 years, says NASRA.
Administration | April 24th, 2020 Considerations for Public Pensions’ Response to COVID-19 Issues Sources from CalPERS and NYCRS share discussions they've had and actions they've taken in response to the financial hit of...
Investing | July 31st, 2019 An Investing Strategy to Improve Church and Public DB Plan Funding Currently church and public defined benefit (DB) plans focus more on returns, and their funded status is lower than for...
Investing | October 8th, 2018 Real Assets Recommended for Public Pension Plans J.P. Morgan Asset Management says they reduce volatility and increase returns.
Data and Research | November 21st, 2017 Public Pensions Have Been Able to Pay Promised Benefits New research shows that funding status has little correlation with a pension fund’s ability to pay its promised benefits, and...
Compliance | October 2nd, 2017 Broker Accused of Pay-to-Play With New York Fund Avoids Prison A sentencing memorandum for Kelley cites many letters from friends, family and former co-workers attesting to “a life otherwise characterized...