Pension Lawyers Tapped for Lead Role in Lawsuit
November 11, 2010 (PLANSPONSOR.com) – A federal judge has named the Oklahoma Police Pension & Retirement System (OPPRS) to lead...
Tag: Public Pension
Bank of America Staves Off Most Countrywide Charges
November 5, 2010 (PLANSPONSOR.com) - Bank of America Corp has won the dismissal of a lawsuit by...
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CA Public Pension, Salary Info Posted Online
October 25, 2010 (PLANSPONSOR.com) – California state Controller John Chiang has unveiled a new Web site containing a searchable database...
NJ Pension Fund Negotiating Asset Manager Fee Cuts
October 22, 2010 (PLANSPONSOR.com) - New Jersey’s $70.2-billion state public pension fund is negotiating reductions in fees and expenses for...
CalPERS and CIM Group Renew Relationship
October 22, 2010 (PLANSPONSOR.com) – The California Public Employees’ Retirement System (CalPERS) has entered into a letter agreement with CIM...
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Firm Helps Public DB Sponsors Manage Market Volatility Effects
October 22, 2010 (PLANSPONSOR.com) - Cavanaugh Macdonald Consulting has announced a patented method for determining counter-cyclical employer contributions to public...
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CalPERS to Post Travel Expense Documents
October 21, 2010 (PLANSPONSOR.com) – The California Public Employees Retirement System (CalPERS) has approved a plan under which all Board...
Raising Contributions not the Solution to CA’s Pension Funding Crisis
October 19, 2010 (PLANSPONSOR.com) – A new study suggests that raising employee contributions alone will not solve California’s growing pension...
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Villaraigosa Proposes LA Public Safety Workers Pension Changes
October 19, 2010 (PLANSPONSOR.com) – Los Angeles Mayor Antonio Villaraigosa has introduced a reform plan for pensions and other benefits...
Mercer Drops Investment Consulting Advisory Service for Public DBs
October 8, 2010 (PLANSPONSOR.com) – Mercer Investment Consulting is ending its investment consulting advisory services to U.S. public-sector defined benefit...
Former NY Comptroller Pleads Guilty to Pension Corruption Charge
October 7, 2010 (PLANSPONSOR.com) - Former New York state Comptroller Alan Hevesi has pleaded guilty to a felony corruption charge...
NYC Mayor Calls for Lowering Pension Return Assumption
October 5, 2010 (PLANSPONSOR.com) - New York Mayor Michael Bloomberg said city pension funds have set unrealistically high assumed rates...
Perry to Leave as MD Pension CIO
October 4, 2010 (PLANSPONSOR.com) – The Maryland State Retirement and Pension System (MSRPS) announced that Chief Investment Officer (CIO) Mansco...
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CA Governor Says No to Pension Caps
October 1, 2010 (PLANSPONSOR.com) – California Governor Arnold Schwarzenegger has vetoed a measure barring employment contracts with automatic pay raises...
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Dead NYC Pensioners Still Cashing Checks
September 29, 2010 (PLANSPONSOR.com) – An investigation by New York City officials has found that pension checks are still being...
SC Fund Setting Up Independent Private Equity Shop
September 28, 2010 (PLANSPONSOR.com) – South Carolina’s pension fund is creating an independent firm to oversee its private equity holdings.
NYC Pension Fund Fires Money Manager after Investment Losses
September 23, 2010 (PLANSPONSOR.com) - New York City’s pension fund for civil-service employees has fired a money management firm headed...
NY Reaches another Settlement in Pay-to-Play Probe
September 17, 2010 (PLANSPONSOR.com) - Attorney General Andrew M. Cuomo announced an agreement with former comptroller Alan Hevesi and fundraiser and...
NJ Investment Council Told to Increase Use of Alternatives
September 17, 2010 (PLANSPONSOR.com) - Consultants told the New Jersey State Investment Council that the state’s pension funds should put...
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NJ’s Christie Proposes Sweeping Pension Changes
September 15, 2010 (PLANSPONSOR.com) – New Jersey Governor Chris Christie has unveiled a sweeping reform program, including a hiked retirement...