Tag: Public Pension

Benefits | July 20th, 2010

MO Governor Signs Pension Reform

July 20, 2010 (PLANSPONSOR.com) – Missouri Governor Jay Nixon has signed legislation requiring new state workers to contribute toward their...

Administration | July 16th, 2010

AIG Strikes a Deal With Ohio Pension Funds

July 16, 2010 (PLANSPONSOR.com) - Ohio Attorney General Richard Cordray has announced a $725 million securities class...

Administration | July 16th, 2010

MA ‘Municipal Relief’ Bill Goes to Governor

July 16, 2010 (PLANSPONSOR.com) – The Massachusetts Senate approved a measure allowing municipalities to pay their pension obligations at...

Administration | July 15th, 2010

Oregon Sues Countrywide over Pension Fund Losses

July 15, 2010 (PLANSPONSOR.com) - Oregon Treasurer Ted Wheeler and Attorney General John Kroger announced they are suing Countrywide Financial...

Benefits | July 15th, 2010

MO Lawmakers Give Final Approval to Pension Reform

July 15, 2010 (PLANSPONSOR.com) – Missouri lawmakers have given final approval to legislation requiring new state workers to contribute toward...

Benefits | July 12th, 2010

NYPD Accused of Cheating Army Reservist in Pension Calculation

July 12, 2010 (PLANSPONSOR.com) - The Manhattan U.S. Attorney’s office is suing the New York Police Department for allegedly cheating...

Administration | July 8th, 2010

Cuomo Levels ‘Pension Padding’ Charges

July 8, 2010 (PLANSPONSOR.com) – Workers in some New York state public agencies “dramatically” increase their overtime in their...

Deals and People | July 8th, 2010

Segal Hire Expands Public Sector Retirement Practice

July 8, 2010 (PLANSPONSOR.com) - Kim Nicholl has joined Segal as National Public Sector Retirement Practice Leader,...

Products | July 7th, 2010

J. P. Morgan Enhances GASB Reporting Capabilities

July 7, 2010 (PLANSPONSOR.com) - J.P. Morgan Worldwide Securities Services has enhanced its regulatory reporting capabilities to...

Administration | July 1st, 2010

SEC Adopts Pay to Play Curbs

July 1, 2010 (PLANSPONSOR.com) –The Securities and Exchange Commission (SEC) has approved new rules regulating pay to play practices...

Administration | June 30th, 2010

MO House Passes Pension Changes

June 30, 2010 (PLANSPONSOR.com) - The Missouri House has passed a pension reform bill.

Administration | June 28th, 2010

NM Fund Ponders Aldus Lawsuit

June 28, 2010 (PLANSPONSOR.com) – The New Mexico Educational Retirement Board has hired two law firms to represent the...

Administration | June 24th, 2010

NYC Pension Funds Unveil Disclosure Rules

June 24, 2010 (PLANSPONSOR.com) – New York City Comptroller John C. Liu this week announced “transparency and disclosure initiatives”...

Administration | June 23rd, 2010

PA Terror-Free Investing Bill Sent to Governor

June 23, 2010 (PLANSPONSOR.com) – A Pennsylvania bill to stop public pension funds from investing in foreign companies that have...

Benefits | June 21st, 2010

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...

Benefits | June 21st, 2010

SD Retirees Sue to Preserve COLAs

June 21, 2010 (PLANSPONSOR.com) – Four South Dakota retirees are suing the state to protect their annual...

Administration | June 18th, 2010

Actuary Group Discusses GASB Pension Accounting Changes

June 18, 2010 (PLANSPONSOR.com) – A new American Academy of Actuaries report indicates that a new government accounting proposal to...

Administration | June 17th, 2010

GASB Proposal: Pension Underfunding Reported as Liability

June 17, 2010 (PLANSPONSOR.com) – Governments would have to report as a liability on their accrual-based financial statements the unfunded...

Administration | June 17th, 2010

CalPERS Approves CA State Pension Payment

June 17, 2010 (PLANSPONSOR.com) – The board of the California Public Employees' Retirement System (CalPERS) has given its final approval...

Administration | June 15th, 2010

CalPERS Sets CA State Pension Payment

June 15, 2010 (PLANSPONSOR.com) – The State of California will pay approximately $3.9 billion next year for state employee pensions...