Data and Research | August 26th, 2015 CalPERS Says it Generated $30B in Economic Activity Last Year The public employee retirement system in California says it has created $26 billion in economic activity within the state’s boarders.
Compliance | August 25th, 2015 Teachers File Lawsuit Against Kentucky Retirement System The lawsuit alleges violations of state law, the Fair Labor Standards Act and the U.S. Constitution.
Data and Research | August 24th, 2015 Public Pensions See Potential in Automation Public pension leaders around the world agree that technology will improve participant services and administrative efficiency—though some skepticism remains...
Data and Research | August 17th, 2015 Report Suggests DC Plans At Least As Efficient As DBs Analyses of the cost effectiveness of DB plans ignore pension debt, according to one researcher.
Investing | August 7th, 2015 Heavy Allocations to Fixed Income Hurt Corporate Pensions Corporate ERISA plans returned -1.6% at the median in the second quarter, according to Northern Trust.
Compliance | August 3rd, 2015 N.J. Supreme Court Will Consider COLAs Retirees in New Jersey’s public pension system could see cost of living adjustments restored by the state’s Supreme Court.
Compliance | July 30th, 2015 Mich. High Court Approves Forced Pension Contributions The Michigan Supreme Court overturned a lower court ruling that said forcing state workers to put 4% of pay into...
Data and Research | July 20th, 2015 Choice a Detriment to Public Worker Retirement Savings Research suggests that public employees who have their pension benefits reduced will not likely improve savings behaviors to make up...
Compliance | July 17th, 2015 Certain Federal Workers Get Relief from Withdrawal Penalty President Obama signed a law lowering the age at which federal public safety officers can tap retirement accounts without penalty.
Compliance | July 6th, 2015 Court Rules Against Reduction in State Pension Payments A Montana teachers' union claims a reduction in retirees' pension payments is unconstitutional.
Compliance | June 11th, 2015 Court Says It Cannot Force N.J. Pension Payment The Supreme Court in New Jersey has found that the pension contributions promised in 2011 reform are not part of...
Benefits | June 10th, 2015 Judge Approves R.I. Pension Settlement The settlement resolves six of nine lawsuits against the state.
Compliance | June 5th, 2015 GASB Approves New Accounting Standards for OPEB The new other post-employment benefits (OPEB) standards parallel the pension standards issued in 2012.
Administration | June 1st, 2015 R.I. Treasurer to Increase Pension Transparency Rhode Island will now disclose fees it pays to investment managers, according to news reports.
Administration | May 27th, 2015 Public Pensions Need Transparency from All Parties A recently issued code of conduct defines reasonable practices for public pension service providers, but are there practices public pensions...
Compliance | May 21st, 2015 Advisers Charged with Defrauding Atlanta Pension Funds The agency says an advisory firm steered the funds to investments that did not comply with state law.
Investing | May 11th, 2015 Audit Says Alternatives Hurt Utah Retirement System An audit report notes the Utah Retirement System has shifted substantially to alternative investments, with mixed results.
Administration | May 6th, 2015 Code of Conduct Created for Public Pension Service Providers “The code of conduct is a valuable tool to ensure that fiduciaries and plan providers are working together in the...
Administration | April 15th, 2015 CalPERS Adjusts Contributions for Increased Longevity "As the fund matures, and the retired population grows, it's important that the rates reflect the changing demographics of our...
Administration | April 14th, 2015 CalPERS Cuts Investment Costs by $90M in Five Years A CEM benchmarking report deemed CalPERS as 'cost-advantaged.'