Illinois TRS Preparing for Pension Reform
December 11, 2012 (PLANSPONSOR.com) – The Illinois Teachers’ Retirement System (TRS) is reviewing contingency...
Tag: Public Pension
Benefits |
Modifying Public Pensions Better than DC Switch
December 6, 2012 (PLANSPONSOR.com) – Closing a public employee defined benefit pension plan can cost substantially...
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Paper Explores Public Pension Accounting Reforms
December 4, 2012 (PLANSPONSOR.com) – An Insights report from PricewaterhouseCoopers (PwC) details changes to accounting standards for public defined benefit...
Wisconsin Tops Morningstar State Pension Analysis
November 26, 2012 (PLANSPONSOR.com) – Morningstar’s analysis of U.S. pension plans found the strongest- and weakest-funded systems.
Benefits |
LASERS to Ask for Delay of Cash Balance Plan
November 20, 2012 (PLANSPONSOR.com) – The Louisiana State Employees Retirement System (LASERS) board voted to ask...
Public DB Plan Assets Continue Growth
November 15, 2012 (PLANSPONSOR.com) – The nation's state and local public-employee retirement systems had $3 trillion in...
Benefits |
DB to DC Switch Negatively Affects Public Work Force
November 15, 2012 (PLANSPONSOR.com) – Switching from a defined benefit (DB) pension plan to defined contribution (DC) individual accounts or...
N.Y. AG Wins Settlement of Madoff Claims
November 13, 2012 (PLANSPONSOR.com) – Attorney General Eric T. Schneiderman announced a settlement of...
Benefits |
Federal Retiree Claim Backlog Decreasing
November 9, 2012 (PLANSPONSOR.com) – The Office of Personnel Management (OPM) processed more federal retirement claims in October than it...
Institutional Plans Show Positive 3Q Returns
November 6, 2012 (PLANSPONSOR.com) – Nearly all institutional plans showed positive returns for the third quarter, while 12-month returns hit...
Benefits |
Report Suggests Reform of Military Retirement Benefits
November 2, 2012 (PLANSPONSOR.com) – A new report supports the Department of Defense's (DOD) proposal to overhaul the Pentagon's retirement system.
Detroit Police Fund Sues Investment Adviser
November 1, 2012 (PLANSPONSOR.com) - The Police and Fire Retirement System for the City of Detroit is suing investment adviser...
Private Pensions Outperformed Other Institutions in Q3
November 1, 2012 (PLANSPONSOR.com) – Institutional plan sponsors in the Northern Trust Universe gained about 4.5% at...
Illinois TRS Investment Return Declined in FY 2012
October 26,2012 (PLANSPONSOR.com) – The Illinois Teachers’ Retirement System (TRS) investments rate of return dropped from 23.6% last year to 0.76%...
USERRA Lawsuit for NYC Workers Expands
October 23, 2012 (PLANSPONSOR.com) – A federal lawsuit investigating the City of New York’s calculation of pension funds was expanded...
Court Finds Baltimore County Pension Plan Discriminatory
October 22, 2012 (PLANSPONSOR.com) – A federal judge found the Baltimore County Employee Retirement System (ERS) violates the Age Discrimination...
Audit Recommends Change to USPS Retirement Funding
October 18, 2012 (PLANSPONSOR.com) – An audit report claims the U.S. Postal Service (USPS) is overpaying into the Federal Employee...
Largest Public Pensions 75% Funded
October 18, 2012 (PLANSPONSOR.com) – During the past year, the 100 largest U.S. public pension plans reported an aggregate underfunding...
CalPERS Names CFO
October 18, 2012 (PLANSPONSOR.com) – The California Public Employees’ Retirement System (CalPERS) has named Cheryl Eason as its Chief...
Benefits |
Local Governments Report Changes to Benefits
October 10, 2012 (PLANSPONSOR.com) – In the wake of the recession, local governments have made changes to retirement and...