Brown Signs One Pension Bill, Vetoes Another
October 11, 2011 (PLANSPONSOR.com) – California Governor Jerry Brown has signed one pension bill intended to strengthen...
Tag: Public Pension
Several Pennsylvania Government Pension Plans to Receive State Aid
October 7, 2011 (PLANSPONSOR.com) - Pennsylvania Auditor General Jack Wagner said 87% of the state's 1,488 municipalities receiving state aid for their...
BNY Mellon Sued by U.S. and NY
October 5, 2011 (PLANSPONSOR.com) – The Justice Department and New York’s attorney general filed separate civil lawsuits against the Bank...
Oklahoma Teachers Retirement Plan on Track to Reach Full Funding
October 2, 2011 (PLANSPONSOR.com) – The retirement fund for Oklahoma public schools teachers is expected to eliminate its unfunded liability...
NM Pension Fund Director Resigns
September 30, 2011 (PLANSPONSOR.com) - The New Mexico Public Employees Retirement Association (PERA) board has accepted the resignation of Executive...
NM Pension Fund Director Resigns
September 30, 2011 (PLANSPONSOR.com) - The New Mexico Public Employees Retirement Association (PERA) board has accepted the resignation of Executive...
World’s Largest Pension to Invest in Emerging Stocks
September 30, 2011 (PLANSPONSOR.com) – The world’s largest public pension fund,...
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Public Sector Employees Prefer DB over DC Plans
September 29, 2011 (PLANSPONSOR.com) – A new study of the retirement plan choice in the public sector finds that defined...
Public Pensions See Assets Grow in Second Quarter
September 29, 2011 (PLANSPONSOR.com) – U.S. public pension fund assets grew 17.6% in the second quarter from a year earlier,...
NYC Retirement Fund Raising Allocation to Private Equity
September 28, 2011 (PLANSPONSOR.com) – New York City's employees’ pension fund is increasing its allocation to private equity to 6.5%...
Resolution Introduced to End Pension Plan for Members of Congress
September 26, 2011 (PLANSPONSOR.com) – U.S. Representative Mike Coffman (R-CO), introduced a resolution that would put an end to the...
Who Are The Nation’s Best Plan Sponsors?
September 26, 2011 (PLANSPONSOR.com) - Each year, the editors of PLANSPONSOR magazine recognize plan sponsors that demonstrate leadership in providing...
CalPERS Pension Managers Fined for Unreported Gifts
September 23, 2011 (PLANSPONSOR.com) – Sixteen executives and investment managers from the California Public Employees Retirement System (CalPERS) have been...
GASB Extends Comment Deadline on Pension Accounting Proposals
September 22, 2011 (PLANSPONSOR.com) - The Governmental Accounting Standards Board (GASB) has extended the deadline for commenting...
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Wanted: Investment Partners for Multi-Asset Class Portfolio
September 22, 2011 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) is looking for some “external...
Missouri City Pension Fund Has $118M Shortfall
Four pension plans in Columbia, Missouri owe nearly $118 million more...
Benefits |
Obama Seeks to Raise Employee Contribution Rate For Federal Worker Retirement Plans
September 20, 2011 (PLANSPONSOR.com) – On Monday President Barack Obama called for raising employee contributions to federal worker retirement plans...
Benefits |
Obama Proposes Deferral of USPS Retiree Health Plan Payments
September 20, 2011 (PLANSPONSOR.com) – As part of President Barack Obama’s deficit-reduction plan, the payments from the U.S. Postal Service...
Pittsburgh Pensions Avoid State Takeover
September 19, 2011 (PLANSPONSOR.com) – The city of Pittsburgh, Pennsylvania, has met the legal threshold of funding its pension systems,...
CO Treasurer to Sue for Pension Information
September 19, 2011 (PLANSPONSOR.com) – Colorado State Treasurer Walker Stapleton is filing a lawsuit against the board of the Colorado...