OCTOBER 1, 2018
MINNESOTA NEWS + OPINION
Chief
Investment Officer
Mansco
Perry, CIO of the $96 billion Minnesota
State Retirement System —who will receive the Lifetime Achievement award
at the ninth annual CIO ...
Minnesota Senate Republican
Caucus (press release)
The Minnesota
School Boards Association (MSBA) recently named Sen. ... The bill reforms and
stabilizes pension funds. ... “A strong pension system supports public schools
and will aid in attracting and retaining quality educators ...
NATIONAL NEWS + OPINION
CNBC
Public school teachers may save up to $18,500 annually in a
403(b) plan, plus an ... including a Roth IRA or state government 457(b) retirement plans.
Chicago Tribune
On the other hand,
Illinois Republicans (all three of them) say Illinois needs real public
employee pension reform. But both of these ideas require an ...
NJ.com
The council
overseeing New Jersey's $77 billion public worker pension fund will study its
investments with Nike at the urging of a member ...
Yankee Institute (blog)
While the vast
majority of retirement plans in the private sector are defined contribution
plans, the public sector has been slow to catch up, despite the ...
Lexington Herald Leader
Kentucky's
beleaguered $2 billion pension fund for state workers, which has ... Jerry
Miller, R-Louisville, co-chairman of the Public Pension Oversight ...
CNBC
Public pension
plans are spending more than $2 billion a year in fees on high-cost, risky
investments to boost returns. But those bets haven't been ...
The Pew Charitable Trusts (blog)
State and local
public retirement systems held $3.8 trillion in assets in 2016, the most recent
year for which comprehensive data are available. With the ...
Governing
Public pension
plans spend at least $2 billion a year on investment fees to high-priced Wall
Street firms to boost their returns. But, according to a new ...
Kentucky Today
CERS looks at
separation from Kentucky Retirement Systems ... Larry Totten. president of
Kentucky Public Retirees, was among those expressing ...
MassLive.com
The amount of
money the state retirement board, which handles their pensions, can stop from
going out, or even claw back from public employees, ...
Pensions & Investments (blog)
Among the largest
100 U.S. public retirement systems, the South Dakota Investment Council has
delivered relatively consistent absolute and relative ...
The Colorado Sun
Colorado lawmakers
in 2018 set out to fix a $32 billion problem confronting the state's
public-pension program, and by all accounts, they appear to ...
RealClearPolicy
Most public
pension plans are in poor fiscal health. Funding ratios have deteriorated over
the past two decades, as the plans accumulated $5.52 ...
Forbes
Without changes,
public employee pensions are not sustainable. But, fully funding these pensions
is unfair to taxpayers who will inevitably be asked to ...
U.S. News & World Report
All of Kentucky's
public pension systems are significantly underfunded. Actuaries estimate the
state is at least $37 billion short of the money needed to ...
Philly.com
Pennsylvania's
main pension funds have less than 60 cents set aside for every dollar of
pensions they expect to have to pay when today's public ...
Bloomberg
The analysts also
say state and local defined-benefit plans will probably keep adding Treasuries,
and they estimate that over the next five years, public ...
Hartford Courant
Taken as a whole,
the changes have led Pew, a non-partisan think-tank that works with public
pension systems around the country, to say that the ...
Foundation for Economic Education
In most states,
people tend to worry about things like education or the economy. In Oregon,
public pensions are suddenly at the forefront of political ...
Forbes
That's the claim
of a new report by the National Institute for Retirement Security (NIRS),
titled, appropriately enough, "Retirement in America: Out of ...
Pensions & Investments
Better investment
returns and funding improvements didn't make much of a dent in funding ratios
of public pension plans.
Pensions & Investments
The gap between
well-funded and struggling public pension plans grew wider in fiscal 2017,
despite higher investment returns and more contributions ...
Pensions & Investments
Large public
pension plans that were more heavily weighted toward U.S. equities than
international stocks found themselves seeing double-digit ...
MarketWatch
Transitioning into
retirement — the actual act of moving away from the workforce — isn't all that
different among public and private sector workers.
IPE.com
More than 60% of
the world's largest public pension funds have “little or no strategy” on
climate change, according to new research. According to the ...
Rolling Stone
For years, a river
of American wealth has flowed into Russia — money from virtually every corner
of the U.S. financial world. Public pensions, hedge ...
Sustainable Brands
“CalPERS and
CalSTRS are seen as national leaders among pension funds, and the kinds of risk
that SB 964 requires them to consider are the kinds ...
Reno News & Review
Before you worry
that you didn't have a date on National 401(k) Day, consider this: “Our
nation's system of retirement security is imperiled, headed for ...
Manhattan Institute
In his new report,
“The Politics of Public Pension Boards,” DiSalvo points to public pension board
members as making fiscally irresponsible decisions ...
PLANSPONSOR
More than one in
four people have stopped saving for retirement or ... While MMI's analysis
focuses specifically on public pension funds, an op-ed by ...
Pensions & Investments
Louisiana
Teachers' Retirement System, Baton Rouge, returned a net ... The pension fund
has produced one of the highest returns among public ...
Reuters
LONDON (Reuters) -
Most of the world's largest public pension funds are providing little or no
information about how climate change will affect the ...
Grist
When de Blasio
announced his plan to pull funds from the city's five public pensions invested
in fossil fuel interests in January, James was right there ...
Tulsa World
Pension pennies:
Oklahoma's $32.9 billion public pension system, once among the most underfunded
in the nation, continued a nine-year growth ...
Wall Street Journal
The rout has
exposed the difficulties facing U.S. public pensions, many of which have
embraced riskier assets in recent years hoping to boost returns.
Wall Street Journal
Is it fair to one
group of taxpayers to pay more than another into the public-pension fund
because the market didn't do particularly well that year? I don't ...
Pensions & Investments
The distribution
of the assumed rates of return used by public pension funds expanded in the
five years from 2012 to 2017, according to a recent ...
Chief Investment Officer
The Virginia
Retirement System (VRS) returned 7.5% for the fiscal year ... the system is the
20th-largest public or private pension fund in the US, and ...
The Express Tribune
Pensioners made to
prove they are alive ... “We spend our productive years as public servants with
hope to spend old age in peace, but every now ...
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