Tag: Public

Benefits | July 29th, 2010

NCPA Estimates Unfunded Public Pension Liabilities at $2.5T

July 29, 2010 (PLANSPONSOR.com) - Estimates of the reported unfunded liabilities of state and local governments for pensions and other...

Administration | July 22nd, 2010

NY State Fund Sues BofA, Merrill

July 22, 2010 (PLANSPONSOR.com) – New York state Comptroller Thomas DiNapoli has filed separate suits against Bank of America (BofA)...

Administration | July 22nd, 2010

Pension Plans Pursue Lead Plaintiff Status in BP Shareholder Suit

July 22, 2010 (PLANSPONSOR.com) - Public pension funds of New York and Ohio announced they will seek lead plaintiff status...

Administration | July 20th, 2010

Maryland State Retirement System Sees 14% Return in FY10

July 20, 2010 (PLANSPONSOR.com) - The Maryland State Retirement and Pension System announced its portfolio returned 14.05% on investments for...

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...

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,...

Administration | July 7th, 2010

PA Governor Signs Divestiture Bill

July 7, 2010 (PLANSPONSOR.com) – Pennsylvania Governor Edward G. Rendell has signed into law a bill providing for divestiture from...

Products | July 6th, 2010

TIAA-CREF Tapped for CA County Plan

July 6, 2010 (PLANSPONSOR.com) – Officials in Orange County, California, have picked TIAA-CREF as the sole provider for the...

Deals and People | June 29th, 2010

KY Retirement System CIO Resigns

June 29, 2010 (PLANSPONSOR.com) - The Kentucky Retirement System announced that Adam Tosh, Chief Investment Officer, will be leaving effective...

Administration | June 29th, 2010

North Dakota Pension Fund Hires for Audit, Administrator Search

June 29, 2010 (PLANSPONSOR.com) – The North Dakota Investment Board has retained a Leawood, Kansas, search firm to find...

Administration | June 25th, 2010

Portfolio Manager Charged with Stealing from CO PERA

June 25, 2010 (PLANSPONSOR.com) - Denver District Attorney Mitch Morrissey has charged a woman accused of stealing hundreds of thousands...

Deals and People | June 23rd, 2010

Texas Fund Selects New CIO

June 23, 2010 (PLANSPONSOR.com) - The Executive Director of the Texas Municipal Retirement System (TMRS) announced that Nancy Goerdel will...

Administration | June 23rd, 2010

DiNapoli Lines up Counsel for BP Oil Spill Suit

June 23, 2010 (PLANSPONSOR.com) – New York state Comptroller Thomas P. DiNapoli announced that he hired a law firm...

Benefits | June 23rd, 2010

Ohio Panel Approves Domestic Partner Benefits

June 23, 2010 (PLANSPONSOR.com) – A state of Ohio committee has approved a new rule allowing nonunion state workers...

Administration | June 21st, 2010

BP Crisis Leads NY Pension Fund to Review Energy Holdings

June 21, 2010 (PLANSPONSOR.com) - New York state's pension fund is considering suing BP PLC for its management of the well in...

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...