Tag: Public Pension

A CEM benchmarking report deemed CalPERS as 'cost-advantaged.'

Changes approved for the Michigan Public School Employees Retirement System do not violate the state constitution, the high court said.

A new analysis finds most state and local defined benefit (DB) plans are staying up to date with improved longevity.

The state’s highest court has agreed to weigh in on whether New Jersey must make its promised payments.

Unions and retirees must now vote on a new proposal by Rhode Island officials.

Baltimore County, Maryland, says it relied on Buck Consultants' advice, maintaining provisions of its retirement plan during litigation by the...

Despite perceptions that many states have fallen far short of their pension funding requirements, most states have made a reasonable...

The Congressional Budget Office estimates that the proposed change would save taxpayers $3.1 billion over 10 years.

Wilshire Consulting also reported that corporate pensions reached a 77.2% funding ratio in February.

A lawsuit claims the City of Colorado Springs’ termination of Memorial Health System’s affiliation with the state pension system violated...

LGIMA has hired Mark Toomey, senior client portfolio manager, to assist with its expansion.

An attempt by Acting Attorney General of New Jersey John J. Hoffman to find the 2011 pension reform Governor Christie...

The Center for State and Local Government Excellence examined four public pension systems with a long tradition of being well-funded...

The National Institute on Retirement Security says three states’ switch from a defined benefit pension to a defined contribution plan...

All plan types had a median return of 1.70% in Q4 2014.

The funded status of U.S. corporate pensions fell nearly 5% in January, according to BNY Melon ISSG.

The nation’s largest public pension funds will receive damages for losses on investments improperly rated by Standard and Poor’s.

A panel has recommended cutting back defined benefit pensions for military personnel and adding a defined contribution plan.

Alfred R. Villalobos, accused of bribing CalPERS officials to benefit investment firms, was set to go to trial February 23.

In an amicus brief, a lawyer argues that striking down Illinois’ pension reform law violates the U.S. Constitution.