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...
Tag: Public Pension
Benefits |
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...
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...
Products |
BNY Releases GASB 67 Aid
September 15, 2014 (PLANSPONSOR.com) – BNY Mellon aims to help clients meet the impending GASB requirements with new financial and...
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...
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...
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...
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...
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...
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 |
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...
Alternative Investments Boost State Pension System Returns
August 7, 2014 (PLANSPONSOR.com) – State pension systems earned a median 7.2% annualized return over the 10 years ended June...
CalPERS Partners with UBS on Infrastructure Investments
August 5, 2014 (PLANSPONSOR.com) - The California Public Employees' Retirement System (CalPERS) announced a $500 million global infrastructure partnership with...
Corporate Pensions Funding Dips Further in July
August 4, 2014 (PLANSPONSOR.com) – The funded status of U.S. corporate pension plans declined in July to 90.8%, according to...
Benefits |
Report Suggests Cash Balance Plan Would Benefit Ill. Teachers
August 1, 2014 (PLANSPONSOR.com) – An alternative plan design, such as a cash balance plan that would allow participants to...
New Law Outlines Training for CalPERS Board Members
July 21, 2014 (PLANSPONSOR.com) – A new state law calls for members of the California Public Employees' Retirement System (CalPERS)...
Largest Public Pensions Report 18% Return
July 15, 2014 (PLANSPONSOR.com) – The two largest public pension funds in the U.S. have reported fiscal year returns of...
Former CalPERS CEO Admits to Fraud, Bribery
July 11, 2014 (PLANSPONSOR.com) – A former CEO of the California Public Employees Retirement System (CalPERS) has plead guilty to...
GASB Offers Webinars on Fair Value Measurement Proposal
June 30, 2014 (PLANSPONSOR.com) – The Governmental Accounting Standards Board (GASB) has opened registration to webinars about its recent exposure...
Ill. Teachers Pension Further Lowers Return Assumption
June 25, 2014 (PLANSPONSOR.com) - The Illinois Teachers’ Retirement System (TRS) Board of Trustees lowered the fund’s assumed rate of...