Tag: Public

Benefits | February 24th, 2011

OCERS Puts Out Investment Consultant RFP

February 24, 2011 (PLANSPONSOR.com) – The Board of Retirement of the $8.7-billion Orange County Employees Retirement System (OCERS) has...

Benefits | February 24th, 2011

MS Pension System Agrees to Delay of State Contribution Increase

February 24, 2011 (PLANSPONSOR.com) - At the Legislature's request, the Mississippi Public Employees' Retirement System board has approved a six-month...

Benefits | February 24th, 2011

Scott Pension Reform Presented to FL Legislative Panel

February 24, 2011 (PLANSPONSOR.com) – Lawmakers in the Florida House of Representatives grilled the policy chief for Governor Rick Scott...

Benefits | February 23rd, 2011

TX Retirement System Announces New and Reappointed Board Members

February 23, 2011 (PLANSPONSOR.com) – Texas Governor Rick Perry has appointed Jim Parrish of McKinney to the Texas Municipal Retirement...

Administration | February 23rd, 2011

CA Lawmakers Propose End to DB and Collective Bargaining

February 23, 2011 (PLANSPONSOR.com) - Traditional pensions would be eliminated for newly hired state workers and collective bargaining for retirement...

Compliance | February 22nd, 2011

North Dakota Pension Proposal Falls Short

February 22, 2011 (PLANSPONSOR.com) – A proposal that would have closed its state pension fund to new...

Administration | February 18th, 2011

Improved Funding Required for COLA under OK Pension Measure

February 18, 2011 (PLANSPONSOR.com) - Legislation designed to put state pension plans on better financial footing was approved by an...

Administration | February 17th, 2011

SEC Probe into Detroit Pensions Reported Getting Bigger

February 17, 2011 (PLANSPONSOR.com) – The U.S. Securities and Exchange Commission (SEC) is pursuing a broadened probe focusing on the...

Benefits | February 17th, 2011

FL Lawmaker Proposes Move to DC Plan for State Workers

February 17, 2011 (PLANSPONSOR.com) - Two new bills introduced in the Florida state Senate would require state and local governments...

Administration | February 15th, 2011

Pension Funding Has Modest Muni Bond Cost Impact

February 15, 2011 (PLANSPONSOR.com) – A new study analyzing 37,500 state and local government bond issues found that pension funding...

Deals and People | February 15th, 2011

PBGC Official Joins PA Retirement System as CIO

February 15, 2011 (PLANSPONSOR.com) - The Pennsylvania State Employees’ Retirement Board has hired Anthony S. Clark, as the system’s new chief...

Administration | February 15th, 2011

Bill Would Ban Use of Placement Agents by KY Retirement Systems

February 15, 2011 (PLANSPONSOR.com) – Kentucky lawmakers have proposed a bill to ban the use of assets of state retirement...

Administration | February 15th, 2011

Florida Pension Chief Cleared of Ethics Violations

February 15, 2011 (PLANSPONSOR.com) - The Florida Commission on Ethics has dismissed a complaint against pension chief Ash Williams, finding...

Administration | February 15th, 2011

NYC Considers Firing Managers Who Disparage Pensions

February 15, 2011 (PLANSPONSOR.com) – Newly hired managers for part of New York City’s $108 billion pension fund might be...

Administration | February 11th, 2011

AR Pension Fund Suing State Street over Foreign Exchange Trades

February 11, 2011 (PLANSPONSOR.com) - State Street Corp. is being sued by an Arkansas pension fund for overcharging clients on...

Administration | February 11th, 2011

CalSTRS Adopts New Approach for Risk Management

February 11, 2011 (PLANSPONSOR.com) - The California State Teachers’ Retirement System (CalSTRS) Investment Committee has approved a new approach in...

Compliance | February 11th, 2011

Public Pension Transparency Bill Reintroduced in the House

February 11, 2011 (PLANSPONSOR.com) - U.S. Representative Devin Nunes (R-California) and Senator Richard Burr (R-North Carolina) announced the reintroduction of...

Administration | February 10th, 2011

Study Suggests Ways FL Localities Can Meet OPEB Obligations

February 10, 2011 (PLANSPONSOR.com) – A think tank in Florida has laid out recommendations for Florida city and county governments...

Administration | February 9th, 2011

Pension Reform Proposals Introduced in AZ, WA, CA

February 9, 2011 (PLANSPONSOR.com) – Arizona House Speaker Kirk Adams has introduced sweeping pension reform legislation designed to bridge the...

Administration | February 9th, 2011

City of Chicago Called Out over Pension Savings Claims

February 9, 2011 (PLANSPONSOR.com) – City of Chicago pension funds were shortchanged more than $24 million over a three-year period,...