Benefits |
Continuing Public Pension Reforms Could Hurt the Economy
NCPERS contends that lawmakers do not understand how public pensions work.
Tag: Public Pension
Benefits |
Connecticut Voters Oppose Shifting Teacher Pension Costs to Cities
To help with the state budget deficit, Governor Dannel Malloy proposed shifting one-third of the cost of teacher pensions to...
Public Pensions Funded Status Improves in Q1
Due to strong market performance during Q1 2017, the funded status improved for the 100 largest public DB plans in...
State Pension Underfunding and Contribution Decisions Hurt Credit Quality
“Current and future taxpayers are paying for the choices of prior administrations to extend generous benefits and/or not properly fund...
Market Returns Help Boost Institutional Investor Returns
“This quarter’s return boosted the one-year return to 10.49% for the year ending March 31, 2017,” says Robert J. Waid,...
Analysis Explores What Works Well for Public Pension Reporting
The analysis found certain themes surface with regard to systems that have developed robust communication and financial reporting initiatives.
Public Pension Shift to Alternatives Results in More Volatility
Data from Pew does not reveal a best or one-size-fits-all approach to successful investing, but there is a uniform need...
Products |
Urban Institute Offers Public Pension Simulator
The simulator shows the potential impact of reform options on plan cost and retiree benefits.
California Plans’ Lowered Discount Rates Will Increase Pension Costs
S&P Global Ratings estimates CalPERS and CalSTRS will contribute $2 billion more a year toward pension costs.
Pension Plans of Largest U.S. Cities Offer Food For Thought
Many of the largest pension plans in the U.S. are lowering assumed long-term rates of return in light of global economic headwinds,...
The Challenge in Lowering Public Pensions’ Return Assumptions
Public plans that reduce their return assumption in the face of diminished near-term projections will experience an immediate increase in...
Most Public Pensions Saw Major Reforms Following Great Recession
In the wake of the financial crisis of 2008, public pension plans made several reforms including benefit cuts, and increases...
Former N.Y. Retirement Fund Official Charged for Pay-to-Play
The Securities and Exchange Commission also charged two broker/dealers in the scheme.
CalPERS Saves Pension Fund $922 Million in Five Years
The California Public Employee Retirement system outlines several cost-saving strategies including changes to its health care program and its investment-management...
Northern Trust to Settle Securities Lending Suit With Public Pensions
The Louisiana Firefighters’ Retirement System and other public pension funds alleged that Northern Trust breached its fiduciary duties and its...
Arizona High Court Rolls Back 2011 Pension Reform
Estimates show the Public Safety Personnel Retirement System will have to pay contribution refunds and retroactive benefit increases up to...
Asset Allocations Helped Boost Institutional Investor Returns
Corporate ERISA plans were helped by a significant allocation to high yield, emerging market debt and longer duration investment grade...
Report Rebukes N.Y. Retirement Funds’ Continued Investments in Hedge Funds
A report from Department of Financial Services Superintendent Maria T. Vullo says actions of the New York State Comptroller are...
Retirement Industry People Moves
AXA appoints divisional VP for tax-exempt retirement plan market; Integrated Retirement partners with Advaney Associates on participant communications; Connecticut Treasurer...