Public Pension Exposure to AI-Related Companies Climbs as Firms Grow
The 25 largest public pension funds could hold more than $700 billion of equity investments in technology focused on artificial...
Tag: Public Pension
Funded Status of the Largest Public Pension Funds Rises
Strong investment returns pushed funding level to 79.4% in May.
Benefits |
Despite Savings Shortfall for Public Sector Workers, Automatic Options Yet to Catch On
Research from the MissionSquare Research Institute shows that with defined benefit pensions not providing enough for full retirement, plan design...
State Pensions’ Funded Status Jumped in 2021
While state pensions reached their highest funded status in six years, market volatility and declining markets signal potential difficulty ahead.
CalPERS Offers Pre-Funding Trust to State Public Employers
Public employers can choose how much to contribute towards other post-employment benefits (OPEB) costs and choose from two asset allocations.
Maryland Pension System’s Assumed Rate of Return Reduced Again
The Board said it based its decision on an analysis by its actuary.
Analyst Sees ‘Moral Hazards’ in GASB Pension Accounting Standards
In addition to promoting inaccurate pension heath assessments, a new academic paper argues, pension accounting rules set by the Governmental...
MainePERS Has Some Suggestions for Struggling Public Pensions
The plan’s history offers a case study for how to turn around a troubled public pension system after years of...
Former New York Retirement Fund Employee Sentenced in Pay-to-Play Scheme
Navnoor Kang allegedly used his position to direct up to $2.5 billion in state business to registered representatives at two...
Public-Sector Pension Changes Create Residual Effects
Evidence mounts to show how cuts to public-employee pension benefits have reduced the ability of public-sector employers to compete with...
NYC Pension Fossil Fuel Divestment Sparks ‘Modern ESG’ Investing Debate
ACCF agrees theoretically with the possibility that environmental and social factors are materially important to institutional investments, instead accusing New...
Public Pension Plan Funded Status Slowly Improves
As of the end of the second quarter of 2017, four more of the 100 biggest public pension plans crossed...
Taxpayers Not Burdened by Public Pensions
According to a study by NCPERS, public pensions are generally cost-effective and pump trillions of dollars into local economies.
Institutional Investors Post Seventh Quarter of Positive Returns
Corporate funds led gains for the second quarter of 2017, according to the Wilshire TUCS.
New Contribution Strategies Needed to Improve Public Pension Funding
A study by the CRR finds that state and local pension funding is expected to improve in 2017 due to...
Maryland Pension System Further Reduces Return Assumption
State Treasurer Nancy K. Kopp says, “Recognizing that both the inflation experience and expectations for future inflation remain lower than...
Report Offers Examples of What Works Well for Public Pension Communications
Most pension plans have diverse communication programs that utilize traditional reports and social media.
Michigan Governor Signs Teacher Pension Plan Reform
The bill creates a new 401(k)-style defined contribution plan with an automatic employer contribution of 4% of the employee’s salary.
Public Pensions Should Weigh Pros and Cons of Alternative Investments
Hedge funds have been producing low returns, but slightly less volatility, while other alternative investments are associated with more volatility,...
Cities Do Not Have Relief for Troubled Pensions in All States
In many states there are legislative limits to what municipalities can do to get relief for their troubled pensions, but...