Stanford Institute Says Pension Contribution Rates Could Double in San Jose
December 16, 2011 (PLANSPONSOR.com) – Contribution rates that San Jose, California’s state government pension plans pay each year are expected...
Tag: Public Pension
Benefits |
DiNapoli: 401(k)s No Replacement for Pensions
December 14, 2011 (PLANSPONSOR.com) - "The reality is that 401(k)s were never intended to take the place of pensions," said...
CalPERS Rebuffs Institute’s Pension Findings
December 14, 2011 (PLANSPONSOR.com) – The California Public Employees Retirement System (CalPERS) issued a response to a study that painted...
SIEPR Report Calls For Reform to Calif. Pension System
December 13, 2011 (PLANSPONSOR.com) – A report released by the Stanford...
Calif. Panel Releases Model Pension Disclosure Guidelines
December 13, 2011 (PLANSPONSOR.com) - The California Actuarial Advisory Panel (CAAP) has adopted a set of model disclosure elements recommended...
Report for New Hampshire System Finds Switch to 401(k) May be Costly
December 9, 2011 (PLANSPONSOR.com) – A report indicates a proposal to switch the New Hampshire Retirement System (NHRS) to a...
Legislators Present Public Pensions as Next Big Debt Crisis
December 9, 2011 (PLANSPONSOR.com) – In a new report, Republican members of Congress point to state and local government pensions...
Mass. Pension Fund Drops BNY Mellon as Forex Provider
December 6, 2011 (PLANSPONSOR.com) – The Massachusetts state pension fund board fired Bank of New York Mellon as its foreign...
Green Mountain Coffee Sued by Pension Fund
December 6, 2011 (PLANSPONSOR.com) - A Louisiana police employees’ pension fund filed a federal lawsuit against Green Mountain Coffee Roasters.
SC Retirement System CIO Resigns
December 5, 2011 (PLANSPONSOR.com) – Robert Borden, South Carolina Retirement System’s chief investment officer, has resigned.
IPERS Faces Long-term Shortfall
December 2, 2011 (PLANSPONSOR.com) – The Iowa Public Employees’ Retirement System (IPERS) faces a long-term shortfall $5.68 billion, reports the...
Foundation Offers Proposals for Public Pension Reform
December 1, 2011 (PLANSPONSOR.com) – Laura and John Arnold Foundation (LJAF) has released a policy solution paper, Creating a New Public...
Md. State Retirement Agency Closes Direct Equity Real Estate Program
December 1, 2011 (PLANSPONSOR.com) – The Investment Division of the Maryland State Retirement Agency (SRA) has closed its 20-year-old Direct...
Court Denies Summary Judgment in CalPERS Kickback Case
December 1, 2011 (PLANSPONSOR.com) - A California judge has rejected a request from prosecutors to declare that a former state...
Benefits |
LASERS to Ask for Reduced Government Employer Pension Contributions
November 29, 2011 (PLANSPONSOR.com) – The Louisiana State Employees Retirement System (LASERS) wants a change to state law that will...
Pensions Will Report Lower Funded Ratios under New GASB Rules
The report noted that GASB proposes two major changes for reporting purposes: Assets would be valued at market rather than smoothed;...
Benefits |
New Rules Proposed for New Mexico Educators’ Pensions
November 29, 2011 (PLANSPONSOR.com) - New Mexico teachers, school workers and higher education employees would face reduced retirement benefits and...
Pension Funds’ Suit against Countrywide Certified as Class Action
November 22, 2011 (PLANSPONSOR.com) - A federal judge has certified a class action lawsuit in the case against Countrywide that...
OMERS Venture Capital Investment Arm Names Managing Director
November 21, 2011 (PLANSPONSOR.com) – OMERS Ventures, the venture capital investment arm of the Ontario Municipal Employees Retirement System (OMERS)...
Benefits |
Court Rules against Higher Retirement Contributions for N.J. Judges
November 18, 2011 (PLANSPONSOR.com) - A New Jersey State appeals court said it would let stand a lower court ruling...