Tag: Public Pension

Benefits | April 1st, 2011

CA Governor Proposes Pension Reform Measures

April 1, 2011 (PLANSPONSOR.com) – California Governor Edmund G. Brown Jr. has released the actual bill language of seven separate...

Benefits | March 29th, 2011

Public Pensions not Facing Immediate Crisis

March 29, 2011 (PLANSPONSOR.com) – While the recent recession hurt public pensions, they do not face an immediate liquidity crisis,...

Deals and People | March 28th, 2011

CalPERS Names Acting CFO

March 28, 2011 (PLANSPONSOR.com) – The nation’s largest public pension fund has named a new chief financial...

Benefits | March 28th, 2011

NYC Comptroller to Post Additional Pension Data

March 28, 2011 (PLANSPONSOR.com) – New York City Comptroller John C. Liu said his new transparency initiative, “Pension NYC,” is...

Administration | March 28th, 2011

PA System Wants Expedited Review of Pittsburgh Plan’s Funding

March 28, 2011 (PLANSPONSOR.com) – Under state law, the Pennsylvania Municipal Retirement System will take over municipal retirement systems with...

Administration | March 28th, 2011

TN County Wrestling with $28M for Two Closed Plans

March 28, 2011 (PLANSPONSOR.com) – Knox County, Tennessee, has $28.3 million in unfunded pension liabilities for two closed defined benefit...

Benefits | March 23rd, 2011

Fort Worth Adopts Pension Changes

March 23, 2011 (PLANSPONSOR.com) - The Fort Worth City Council voted 8-1 Tuesday to reduce benefits for new municipal general-fund...

Benefits | March 23rd, 2011

Kansas Lawmakers Put Forth More Pension Proposals

March 23, 2011 (PLANSPONSOR.com) – Kansas lawmakers are debating new proposals to address long-term funding problems facing the Kansas Public...

Compliance | March 18th, 2011

Burr-Coburn Bill Would Alter Federal Pensions

March 18, 2011 (PLANSPONSOR.com) – A pair of US senators has introduced legislation that would change the...

Benefits | March 18th, 2011

NH Senate Approves Sweeping Pension Reform

March 18, 2011 (PLANSPONSOR.com) – The New Hampshire State Senate has passed a pension reform bill that critics say will...

Administration | March 17th, 2011

CalPERS Board Approves 7.75% Discount Rate

March 17, 2011 (PLANSPONSOR.com) - The board of the California Public Employees’ Retirement System on Wednesday voted to maintain its...

Benefits | March 17th, 2011

Public Pension Changes Approved by NM House

March 17, 2011 (PLANSPONSOR.com) - The New Mexico House has approved a proposal designed to improve the solvency of New...

Benefits | March 17th, 2011

OK Senate Approves Changes to Teachers Retirement System

March 17, 2011 (PLANSPONSOR.com) – The Oklahoma State Senate has approved legislation that would increase the time before new teachers...

Administration | March 17th, 2011

San Diego Fund Beats its Benchmark

March 17, 2011 (PLANSPONSOR.com) – The portfolio of the San Diego County Employees Retirement Association (SDCERA) for the 2010 Calendar...

Administration | March 15th, 2011

CalPERS Keeps Discount Rate Steady

March 15, 2011 (PLANSPONSOR.com) – The Benefits and Program Administration Committee of the California Public Employees’ Retirement System (CalPERS) Board...

Administration | March 15th, 2011

“Special Review” Outlines Private Placement Problems at CalPERS

March 15, 2011 (PLANSPONSOR.com) – The nation’s largest public pension plan has published the results of an...

Administration | March 14th, 2011

Illinois TRS Receives Full Contribution from State

March 14, 2011 (PLANSPONSOR.com) – The Illinois Teachers’ Retirement System has received its full statutory contribution from state government for...

Administration | March 7th, 2011

Pension Funding Slowly Recovering

March 7, 2011 (PLANSPONSOR.com) – Wilshire Consulting’s 2011 Report on State Retirement Systems shows a slight uptick in funded status...

Benefits | March 7th, 2011

Maine’s LePage: Pension Cutbacks Aren’t Easy

March 7, 2011 (PLANSPONSOR.com) – Maine Governor Paul LePage says his recently unveiled package of public employee pension cutbacks will...

Benefits | March 3rd, 2011

Villaraigosa Pushes Pension Rollbacks

March 3, 2011 (PLANSPONSOR.com) – Los Angeles Mayor Antonio Villaraigosa is pushing a plan under which civilian city employees would...