Tag: Public

Benefits | October 19th, 2011

FL Pension Fund Hands over Records on Controversial Investment

October 19, 2011 (PLANSPONSOR.com) - Florida's pension fund is starting to hand over records related to a controversial $125 million...

Benefits | October 18th, 2011

State and Local Worker Retirement Income Will Fall Short

October 18, 2011 (PLANSPONSOR.com) - A widespread perception is that state-local government workers receive high pension benefits which, combined with...

Products | October 17th, 2011

Nationwide Offers Retirement Resources for Public Sector

October 17, 2011 (PLANSPONSOR.com) - To support National Save for Retirement Week, Nationwide Financial's public-sector retirement plans business, Nationwide Retirement...

Benefits | October 17th, 2011

Colorado PERA Pushes Back on Member Disclosure

October 17, 2011 (PLANSPONSOR.com) – The Colorado Public Employees’ Retirement Association (PERA) has filed its own claim...

Benefits | October 14th, 2011

RI Pension Overhaul Proposal Includes Move to Hybrid Plan

October 14, 2011 (PLANSPONSOR.com) – Rhode Island lawmakers are circulating the draft of a pension-overhaul proposal.

Benefits | October 14th, 2011

GAO Finds No Pension Overpayments by Postal Service

October 14, 2011 (PLANSPONSOR.com) – The Government Accountability Office (GAO) says it has not found evidence of errors that could...

Administration | October 13th, 2011

Public Retirement Holdings Have Decreased

October 13, 2011 (PLANSPONSOR.com) - The nation's state and local public employee retirement systems had $2.5 trillion in total cash and investment...

Compliance | October 12th, 2011

CalSTRS Corrects Pension Spiking

October 12, 2011 (PLANSPONSOR.com) - The California State Teachers’ Retirement System (CalSTRS) announced its determination that the Yuba Community College...

Administration | October 10th, 2011

SEC Looking into Kentucky System Placement Agent Activity

October 10, 2011 (PLANSPONSOR.com) - The U.S. Securities and Exchange Commission (SEC) wants to depose officials at the Kentucky Retirement...

Administration | October 10th, 2011

Brown Signs One Pension Bill, Vetoes Another

October 11, 2011 (PLANSPONSOR.com) – California Governor Jerry Brown has signed one pension bill intended to strengthen...

Administration | October 7th, 2011

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...

Benefits | October 4th, 2011

Retirement Not Better for Government Workers

October 4, 2011 (PLANSPONSOR.com) – A new Issue Brief from the Center for Retirement Research at Boston College (CRR) concludes...

Deals and People | September 30th, 2011

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...

Deals and People | September 30th, 2011

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...

Administration | September 30th, 2011

World’s Largest Pension to Invest in Emerging Stocks

September 30, 2011 (PLANSPONSOR.com) – The world’s largest public pension fund,...

Benefits | September 29th, 2011

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...

Administration | September 29th, 2011

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,...

Administration | September 28th, 2011

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%...

Administration | September 27th, 2011

SEC Charges RBC over Sale of Unsuitable CDO Investments

September 27, 2011 (PLANSPONSOR.com) - The Securities and Exchange Commission charged RBC Capital Markets LLC for misconduct in the sale...

Benefits | September 26th, 2011

Local Governments Look to Health Care Costs to Balance Budgets

September 26, 2011 (PLANSPONSOR.com) - About 42% of...