(b)lines Ask the Experts – Using Roth Contributions to Purchase Service Credits
July 30, 2013 (PLANSPONSOR (b)lines) – “We sponsor a 403(b) plan that permits plan-to-plan transfers (as provided in Code Section...
Tag: Public Pension
N.Y. Offers Pension-Smoothing Program to Schools
July 29, 2013 (PLANSPONSOR.com) – New York State is offering school districts a pension-smoothing program.
Think Tank Supports Consolidating Mass. Pension Systems
July 25, 2013 (PLANSPONSOR.com) – Savings from consolidating administration of Massachusetts’s 105 public retirement systems could be redirected into amortizing...
Detroit Pensions’ Lawsuit Against Bankruptcy Stayed
July 24 2013 (PLANSPONSOR.com) - A U.S. bankruptcy judge suspended lawsuits challenging Detroit's bankruptcy filing.
Judge Orders Detroit’s Bankruptcy Be Withdrawn
July 22, 2013 (PLANSPONSOR.com) – A Michigan judge has ordered that Detroit’s federal bankruptcy filing be withdrawn to protect retirement...
Pension Systems Oppose Detroit's Bankruptcy
July 18, 2013 (PLANSPONSOR.com) – Detroit city pension systems have filed lawsuits against Michigan’s governor and the city’s emergency manager.
Largest Pension Funds Announce Double-Digit Gains
July 16, 2013 (PLANSPONSOR.com) – The California Public Employees' Retirement System (CalPERS) reported a 12.5% return on investments for the 12...
Ill. Lawmakers’ Pay Suspended Until Pension Reform Agreed
July 12, 2013 (PLANSPONSOR.com) – Illinois Governor Pat Quinn suspended pay for state legislators until they pass public employee pension...
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CalPERS Delays Release of Pension Database
July 11, 2013 (PLANSPONSOR.com) – CalPERS will delay the launch of an online database that will disclose information about its...
Bill Would Overhaul Public Pension System
July 10, 2013 (PLANSPONSOR.com) – U.S. Senator Orrin Hatch, R-Utah, introduced a bill that would overhaul the existing public pension...
SEC Closes Investigation of RI Pension Disclosures
July 10, 2013 (PLANSPONSOR.com) - The Securities and Exchange Commission (SEC) has completed its investigation of Rhode Island’s pension financial...
High Investment Fees Don’t Equal High Returns
July 2, 2013 (PLANSPONSOR.com) – A new report examining state pension funds found that there is no connection between high...
Puerto Rico Supreme Court Upholds Pension Reform
July 1, 2013 (PLANSPONSOR.com) – Puerto Rico’s Supreme Court has upheld the constitutionality of a pension reform law.
Court Finds La. Pension Change Invalid
July 1, 2013 (PLANSPONSOR.com) – The Supreme Court of Louisiana reaffirmed that a law concerning state retirement programs was enacted...
GASB Issues Implementation Guide for Public Pensions
June 28, 2013 (PLANSPONSOR.com) – The Governmental Accounting Standards Board (GASB) has published an Implementation Guide for new financial reporting...
State Pension Burdens Vary Widely
June 27, 2013 (PLANSPONSOR.com) – Moody’s reported adjusted pension data for the 50 individual...
Ariz. Moving Elected Officials to DC Plan
June 24, 2013 (PLANSPONSOR.com) – A new Arizona state law will close one of that state’s public pension systems to...
Detroit Pension Funds Being Investigated
June 21, 2013 (PLANSPONSOR.com) – Two pension funds for the city of Detroit, Michigan, are being investigated for possible fraud,...
California Will Pay Less for Pensions
June 20, 2013 (PLANSPONSOR.com) – California will pay less for public employee pensions in the 2013 to 2014 fiscal year...
New York City Agrees to Settle USERRA Lawsuit
June 19, 2013 (PLANSPONSOR.com) – The city of New York has agreed to settle a lawsuit brought by police officers...