Tag: Public Plans

VALIC Enhances Web Services

September 18, 2012 (PLANSPONSOR.com) VALIC, retirement plan provider to K-12 schools and school districts, higher education, government and health care institutions, launched enhancements to its online services.

Funded Status of U.S. Pensions Up

July 13, 2011 (PLANSPONSOR.com) - According to monthly statistics published by BNY Mellon Asset Management, the funded status of the typical U.S. corporate pension plan rose to 88.5% in June.

Funded Status of U.S. Pensions Up

July 13, 2011 (PLANSPONSOR.com) - According to monthly statistics published by BNY Mellon Asset Management, the funded status of the typical U.S. corporate pension plan rose to 88.5% in June.

Michigan 401(k) Plan Cuts Liability Costs

July 12, 2011 (PLANSPONSOR.com) - A new report by the Mackinac Center for Public Policy found that a 14-year-old reform that ended defined pension benefits for new employees has saved up to $4.3 billion in unfunded state employee pension liability.  

Rhode Island Unfunded Pension Liability Rises

June 10, 2011(PLANSPONSOR.com) - According to a recent press release, the state’s unfunded pension liability rose slightly this week as state consultants recalculated the pension tab for judges and the state police.  

CIGNA Launches Dental HMO Product Suite

June 7, 2011 (PLANSPONSOR.com) - CIGNA has created nine new Dental HMO plans designed specifically for government sector employers and Taft-Hartley labor unions, which are available for January 1, 2012, enrollment. 

Nyhart Merges with Stanley, Holcombe & Associates

June 6, 2011 (PLANSPONSOR.com) - Independent actuarial and employee benefits consulting firm Nyhart announced its second expansion in six months, joining with Atlanta-based public pension actuarial company Stanley, Holcombe & Associates. 

PA Lawmakers OK Pension Change Bill

June 21, 2010 (PLANSPONSOR.com) –The Pennsylvania House of Representatives has approved and sent to the state Senate a measure making significant changes to the state's two large public-sector pension plans.

MI Pension Bill Inked by Granholm

May 21, 2010 (PLANSPONSOR.com) – Michigan Governor Jennifer M. Granholm has signed into law legislation that reforms the Michigan Public School Employees' Retirement System (MPSERS).

Cuomo’s N.Y. Pension Pay-to-Play Probe Nets Guilty Plea

December 3, 2009 (PLANSPONSOR.com) – Elliott Broidy, a founder and chairman of Los Angeles private equity firm Markstone Capital Group, has pleaded guilty to paying nearly $1 million dollars in gifts to help his company get a $250 million mandate from New York state’s pension fund.