Administration | October 31st, 2014 City of Stockton Bankruptcy Plan Approved A bankruptcy court judge has approved a plan for the city of Stockton, California, to exit bankruptcy while continuing to...
Administration | October 31st, 2014 GAO Takes a Deep Look into DB Liability Valuation October 31, 2014 (PLANSPONSOR.com) – The Government Accountability Office (GAO) studied measures of private and public defined benefit (DB) plan...
Administration | October 30th, 2014 Institutional Plans See Dip in Returns for Q314 October 30, 2014 (PLANSPONSOR.com) - Institutional plan sponsors lost nearly 1% in the third quarter of 2014 at the median,...
Benefits | October 27th, 2014 Plan Participation Rate Restarts Slow Climb October 27, 2014 (PLANSPONSOR.com) – The percentage of workers participating in an employment-based retirement plan increased in 2013 for the...
Benefits | October 10th, 2014 Government Employers Using Health Cost-Saving Strategies October 10, 2014 (PLANSPONSOR.com) – Similar to private sector employers, government employers are dealing with new health care reform rules...
Administration | October 8th, 2014 Report Warns Against Moving N.J. Public Workers to DC Plan October 8, 2014 (PLANSPONSOR.com) – A new report claims closing New Jersey’s defined benefit retirement plan for public employees and...
Administration | October 2nd, 2014 Judge Says Bankrupt City Can Dismiss Pension Obligations October 2, 2014 (PLANSPONSOR.com) - A federal judge in California has ruled that the city of Stockton may eschew paying...
Administration | September 25th, 2014 CalPERS Gets $88M from Citigroup Settlement September 25, 2014 (PLANSPONSOR.com) - The California Public Employees' Retirement System (CalPERS) has $88 million more in its investment portfolio...
Benefits | September 25th, 2014 Total Retirement Assets Reached $24 Trillion in Q2 September 25, 2014 (PLANSPONSOR.com) - Total U.S. retirement assets reached $24 trillion as of June 30, up 2.8% from $23.4...
Administration | September 15th, 2014 Municipal Pensions’ Funding Up in FY 2013 September 15, 2014 (PLANSPONSOR.com) - Wilshire Consulting estimates that the ratio of pension assets to liabilities, or funding ratio, for...
Compliance | September 14th, 2014 CalPERS’ Suit Against Ratings Agencies Survives September 15, 2014 (PLANSPONSOR.com) – A lawsuit brought by the California Public Employees Retirement System (CalPERS) against the three major...
Compliance | September 12th, 2014 States Moving to Fill Private-Sector Retirement Plan Void September 12, 2014 (PLANSPONSOR.com) — A number of states have moved to use their public retirement systems to offer retirement...
Administration | September 8th, 2014 N.J. Says Required State Pension Contribution Is Unconstitutional September 8, 2014 (PLANSPONSOR.com) – New Jersey is asking a court to dismiss lawsuits brought by unions challenging Governor Chris...
Administration | August 25th, 2014 CalPERS Decision Will Increase State Pension Liabilities August 25, 2014 (PLANSPONSOR.com) – Last week, the California Public Employees Retirement System (CalPERS) Board added to the definition of...
Administration | August 21st, 2014 Bank of America Settles Mortgage-Backed Securities Charges August 21, 2014 (PLANSPONSOR.com) - Bank of America has agreed to a settlement of Securities and Exchange Commission (SEC) claims...
Benefits | August 20th, 2014 Retirement Concerns Grow Among Public Sector Employees August 20, 2014 (PLANSPONSOR.com) – As more state and local governments reform pensions following the recession, public sector employees have...
Administration | August 11th, 2014 Kansas Charged with Failing to Disclose Underfunded Pension August 11, 2014 (PLANSPONSOR.com) – The Securities and Exchange Commission (SEC) has filed charges of securities fraud against the state...
Benefits | August 11th, 2014 Phased Retirement Program Set Up for Federal Employees August 11, 2014 (PLANSPONSOR.com) – The U.S. Office of Personnel Management (OPM) has issued final regulations on Phased Retirement, a...
Compliance | August 11th, 2014 Baltimore Pension Reforms Do Not Violate U.S. Contract Clause August 11, 2014 (PLANSPONSOR.com) – A federal appellate court has found reforms made to the pension plan covering public safety...
Opinions | August 8th, 2014 Baltimore Takes A Bold Step Towards Pension Reform August 8, 2014 (PLANSPONSOR.com) - The main reason that the funding issues in the public defined benefit pension plan market...