Congress Approves Deal to Increase Federal Employee Pension Contributions
February 17, 2012 (PLANSPONSOR.com) – New federal employees will pay 2.3% more toward their government pensions under a new deal...
Tag: Public
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Okla. Lawmakers Approve Change in Firefighters’ Pension Plan
February 17, 2012 (PLANSPONSOR.com) - A bill, HB 2320, approved by the Oklahoma House of Representatives, modifies interest rate provisions within...
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Virginia State DC Plans Adopt Target-Date Funds
February 17, 2012 (PLANSPONSOR.com) - The Virginia Retirement System (VRS) will establish target-date funds for employees in its five defined...
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Oregon State Workers Sue to Block Wellness Program
February 17, 2012 (PLANSPONSOR.com) - Five Oregon state workers have filed a federal class-action lawsuit claiming a newly-established employee wellness...
CalPERS: Hybrid Plan May not Significantly Reduce Costs for State
February 15, 2012 (PLANSPONSOR.com) - The California Public Employees’ Retirement System (CalPERS) released an actuarial staff analysis that outlines the...
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2013 Budget Calls for Increase in FERS Pension Contributions
February 13, 2012 (PLANSPONSOR.com) – President Obama’s 2013 budget calls for federal employees to contribute more to their pensions.
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Mich. Unions File Lawsuit Against Changes in State Retirement Plans
February 13, 2012 (PLANSPONSOR.com) – A coalition of unions in Michigan filed a lawsuit against a recent law that requires...
Wis. Investment Board Makes Private Equity Commitments
February 13, 2012 (PLANSPONSOR.com) - The State of Wisconsin Investment Board, which manages $83 billion in pension funds, is making...
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Wyoming Legislator Proposes DC Plan for State Employees
February 13, 2012 (PLANSPONSOR.com) – A Wyoming state representative proposed a bill to offer new state employees a defined contribution...
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New Mexico House Passed Bill to Raise Educators’ Retirement Age
February 13, 2012 (PLANSPONSOR.com) – The New Mexico House passed a bill to establish a minimum retirement age of 55...
TSP Releases Draft Rules for Roth Option
February 8, 2012 (PLANSPONSOR.com) – The Federal Retirement Thrift Investment Board published a draft of rules on the implementation of...
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Bill Would Offer University of Wis. System Employees DC Plan
February 7, 2012 (PLANSPONSOR.com) – If passed, a proposal would allow University of Wisconsin System employees the choice to opt...
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Bill Would Offer University of Wis. System Employees DC Plan
February 7, 2012 (PLANSPONSOR.com) – If passed, a proposal would allow University of Wisconsin System employees the choice to opt...
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Arizona Judge Rules Pension Contribution Law Unconstitutional
February 7, 2012 (PLANSPONSOR.com) – An Arizona judge ruled a state law that increased the amount state employees needed to...
Okla. Firefighters Pension Fund Sues over Student Loan Corp. Losses
February 7, 2012 (PLANSPONSOR.com) – The Oklahoma Firefighters Pension & Retirement System sued Citigroup, Discover Financial Services and Student Loan Corp....
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Keeping Teacher Pay Low Is Biblical?
February 7, 2012 (PLANSPONSOR.com) – An Alabama state senator has claimed that increasing teacher pay will attract people who aren’t...
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N.H. Court Says Increasing State Employee Pension Contributions Illegal
February 3, 2012 (PLANSPONSOR.com) - A Merrimack County (New Hampshire) Superior Court judge decided it is illegal to ask longtime...
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Calif. Governor Submits 12-Point Pension Reform Plan
February 3, 2012 (PLANSPONSOR.com) – California Governor Jerry Brown sent the...
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Sick Time Payouts Costing Chicago Teachers’ Retirement System
February 3, 2012 (PLANSPONSOR.com) - The Chicago Public Schools system spends tens of millions of dollars annually to departing employees...
CalSTRS Further Lowers Investment Return Assumption
February 3, 2012 (PLANSPONSOR.com) - The governing board of the California State Teachers’ Retirement System (CalSTRS) adopted a new set...