Master Trusts See Negative Returns in Q2
August 10, 2012 (PLANSPONSOR.com) - The median return of the BNY Mellon U.S. Master Trust Universe was -1.47% for the...
Tag: Public
La. Pension Fund Sues Firm over CEO Pay
August 9, 2012 (PLANSPONSOR.com) - A Louisiana pension fund has sued Simon Property Group Inc., alleging the shopping-mall giant increased...
State Pension Assets Rose Nearly $325B Last Year
August 9, 2012 (PLANSPONSOR.com) – Assets of U.S. state pension systems rose nearly $325 billion last year, according to a...
Benefits |
San Diego’s Switch to DC Plan Can Move Forward
August 7, 2012 (PLANSPONSOR.com) – A San Diego judge denied a union attempt to stop voter-backed city pension reforms from...
Institutional Investors Have Negative Returns in Q2
August 6, 2012 (PLANSPONSOR.com) - Negative returns from domestic and international equities may have caused U.S. institutional investment plan sponsors...
International Equities Drag Down Institutional Plan Performance
August 6, 2012 (PLANSPONSOR.com) - Despite a rising bond market, falling equity returns -- especially international equity -- proved to...
Benefits |
Legal Constraints Hurt Public Pensions’ Adaptability
August 6, 2012 (PLANSPONSOR.com) – Legal constraints make it difficult for public pension plans to adjust to changing economic and...
NYC Sued for Military Member Police Officers’ Pensions
August 3, 2012 (PLANSPONSOR.com) – A U.S. Attorney has filed a class action lawsuit against the City of New York,...
Indiana Pension Drops Return Assumption to 6.75%
August 2, 2012 (PLANSPONSOR.com) - The Indiana Public Retirement System (INPRS) adopted what may be the most conservative public pension...
Fuller Named CIO of N.Y. State Retirement Fund
July 30, 2012 (PLANSPONSOR.com) - New York State Comptroller Thomas P. DiNapoli appointed Vicki Fuller as the new chief investment...
NJ Court Rules Against Judges' Contribution Increase
July 25, 2012 (PLANSPONSOR.com) – The New Jersey Supreme Court ruled that it is unconstitutional to require sitting judges to...
N.C. Pension Fund Adopts Iran Divestment Policy
July 20, 2012 (PLANSPONSOR.com) – North Carolina State Treasurer Janet Cowell announced a policy for the North Carolina pension fund...
Governments Significantly Underpaid Pension Contributions
July 19, 2012 (PLANSPONSOR.com) - Three states with approximately one-fifth (19%) of the U.S. population have underpaid pension contributions by...
Md. Rejects Lower Pension Return Assumption
July 19, 2012 (PLANSPONSOR.com) - Maryland's state employee retirement system decided to maintain its assumption about how much it will...
Benefits |
Michigan Teachers’ Pension Reform Still Up in the Air
July 19, 2012 (PLANSPONSOR.com) - A bill that would reform the Michigan Public School Employees Retirement System was defeated by...
Benefits |
N.J. Investigation Weeds Out Ineligible PERS Participants
July 18, 2012 (PLANSPONSOR.com) – An investigation has found hundreds of individuals in the New Jersey Public Employees Retirement System...
Judge Scolds Pension Funds for Rushing into Wal-Mart Case
July 17, 2012 (PLANSPONSOR.com) – A judge from the Delaware Court of Chancery scolded attorneys representing public pension funds for...
CalPERS Reports 1% Investment Return for FY 2012
July 16, 2012 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) reported a 1% return on investments for the...
Flat CalSTRS Returns Reflect Challenging Global Markets
Jul 16, 2012 (PLANSPONSOR.com) - Flat investment returns at the California State Teachers' Retirement System (CalSTRS) reflected the highly volatile...
Benefits |
Study Warns Against DC Plan for Wis. State Employees
July 2, 2012 (PLANSPONSOR.com) - Neither an optional defined contribution (DC) plan nor an opt-out of employee contributions should be...