PA Senate Committee Approves State Takeover of Pensions
August 25, 2009 (PLANSPONSOR.com) - The Pennsylvania Senate has approved legislation proposing the Pennsylvania Municipal Retirement System take over municipal...
Tag: Public
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Market Valuation of Pension Liabilities Labeled "Inappropriate"
August 24, 2009 (PLANSPONSOR.com) - In a letter to the Governmental Accounting Standards Board (GASB) from the Segal Company in...
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Hiring and Compensation Take the Recession Hit for Governments
August 24, 2009 (PLANSPONSOR.com) - A Segal Company survey finds that state and local governments have responded to the recession...
Texas Municipal Retirement Systems Executive Director Resigned
August 24, 2009 (PLANSPONSOR.com) - Eric Henry, executive director and chief investment officer for the Texas Municipal Retirement System (TMRS),...
San Diego County Approves $1.4M Comp Plan for Outside Investment Consultant
August 24, 2009 (PLANSPONSOR.com) - The San Diego County Employees Retirement Association board has approved a compensation plan that could...
PA Lawmaker Proposes Allowing State Pension Takeovers
August 10, 2009 (PLANSPONSOR.com) - A proposal by a Pennsylvania state lawmaker would allow the Keystone State to take over...
San Diego County to Outsource Investment Chief Job
August 7, 2009 (PLANSPONSOR.com) - After a nationwide search and a dozen interviews, the San Diego County Employees Retirement Association...
Pension Funds Lose Effort to Stop Chrysler Sale
August 6, 2009 (PLANSPONSOR.com) - The 2nd U.S. Circuit Court of Appeals has decided that a U.S. Bankruptcy Court judge...
Mass. Pension Board Doubles Back on Hedge Fund Allocation
August 6, 2009 (PLANSPONSOR.com) - Fresh from a year in which the value of state of Massachusetts' public pension holdings...
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Bill Would Extend Other Benefits to Fed Employees' Same-sex Partners
July 31, 2009 (PLANSPONSOR.com) - A House subcommittee has passed a bill that would extend health care and other benefits...
Credit Rating Agencies Face Second Lawsuit by Public Pension Fund
July 30, 2009 (PLANSPONSOR.com) - A second state pension plan has sued the top credit rating agencies for misleading investors...
Federal Retiree Rehire Provision Survives Senate Filibuster
July 27, 2009 (PLANSPONSOR.com) - A measure allowing federal agencies to rehire retirees without a cut in annuity payments passed...
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Utah Hospital Says Setting up 401(k) Was a Mistake
July 27, 2009 (PLANSPONSOR.com) - Kane County (Utah) Hospital employees whose 401(k) retirement plan accounts have been frozen by the...
L.A. Pension Fund to Require Disclosure of Political Donations
July 24, 2009 (PLANSPONSOR.com) - A Los Angeles pension fund has voted to require any company seeking business with its...
Senate Shoots Down Fed Employee Sick Leave Credit
July 24, 2009 (PLANSPONSOR.com) - An amendment to the Defense authorization bill that would have allowed federal employees under the...
Public Fund Incentives Draw Fire, Focus
Should public fund staff receive bonuses when the fund suffers a loss?
NCPERS Backs Current Discount Rate System
July 22, 2009 (PLANSPONSOR.com) - A trade group of public pension plans has come out in favor of making no...
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MOSERS Puts Hold on Operations Staff Bonuses
July 20, 2009 (PLANSPONSOR.com) - - State budget cuts have led the Missouri retirement system to put on hold $162,258...
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Calif. Pension Reform Plan Put Aside in Budget Talks
July 17, 2009 (PLANSPONSOR.com) - California officials have apparently decided against a proposal by Governor Arnold Schwarzenegger to institute a...
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State Employers Holding Health Costs Down for Employees
July 16, 2009 (PLANSPONSOR.com) - The vast majority of states (96%) offer medical coverage through a preferred provider organization (PPO),...