Feb. 1 edition, Pension Issues in the News

FEBRUARY 1, 2019

MINNESOTA NEWS + OPINION

Minn. Bill Would Phase In Full Public Pension Tax Exemption

Law360

Law360 (January 17, 2019, 2:26 PM EST) -- Minnesota would phase in a full income tax exemption for public pensions administered by the state, ...

NATIONAL NEWS + OPINION

Public Pensions Pour More Money Into Private Equity

Institutional Investor

Public pension plans continued to build up their private equity portfolios last year, new data from eVestment show. Private equity mandates accounted ...

Oregon lawmakers want to divert likely $700M 'kicker' rebate to pensions

OregonLive.com

... lawmakers in the Oregon Legislature want to divert the state's unique “kicker” tax rebate on a one-time basis to help tackle the state's public pension ...

NCPERS University

NCPERS: National Conference on Public Employee Retirement Systems

As part of NCPERS' drive to foster excellence in public pension systems, we are unveiling a new, consolidated educational program: NCPERS ...

Red ink could force DeKalb to address pension woes

Atlanta Journal Constitution

Some other local public pensions that appear well funded have assumed an even higher rate, 7.75%. Doraville, at 6.75%, is among the few statewide ...

Why retirement is no longer a time of relaxation and security

Washington Post

As Newman's title suggests, the crisis of retirement insecurity reflects the ... That suggests the value of a public pension system that is insulated, and ...

Are the savings worth the cost? Kelly plan will take longer to pay off KPERS debt

Wichita Eagle

Watching this debate are many of the 311,000 current and former public employees whose retirement plans are managed by KPERS. The system paid ...

Audit: Georgia could save hundreds of millions on teacher pensions

Atlanta Journal Constitution

Audit: Georgia could save hundreds of millions on teacher pensions .... “Governor Kemp has demonstrated his strong support of public education ...

Milliman study finds no correlation between level of public pension benefits and health of plans ...

Retirement Town Hall

Milliman has released the results of its 2018 Public Pension Funding Study (PPFS), which analyzes funding levels of the nation's 100 largest public ...

Working longer policies: Framing the issues

Brookings Institution

The nature of retirement is changing. Traditional private pensions, also known as defined benefit plans, have mostly disappeared in the private sector ...

Pa. begins long climb back to adequate pension funding

Allegheny Institute

This is a result of Act 5 of 2017, which will affect new public school employees starting later this year. While Pennsylvania's pension plans were once ...

Society of Actuaries Releases Public Retirement Plan Mortality Tables

PLANSPONSOR
The Society of Actuaries (SOA) released first-of-its-kind public retirement plan mortality tables, Pub-2010, which includes the individual mortality ...

These Two Investor Stampedes Are Eerily Similar To Pre-Crisis Events

ValueWalk

When major investors like hedge funds and public pensions stampede in any one direction, it sends major ripple effects through the financial markets.

Retirement security is needed to fight 'senior poverty' | Opinion

Philly.com

During the 2008 financial crisis, public-sector pension plans lost around $35 billion in assets, and some private-sector pensions could become ...

Gov. Laura Kelly's refinancing plan for KPERS a magnet for criticism

The Topeka Capital-Journal

Democratic Gov. Laura Kelly proposed the Kansas Legislature approve refinancing the public teacher piece of the state's pension system over a ...

New Jersey Considers Defined-Contribution Public Employee Pensions

The Heartland Institute

The panel reports the state's traditional public pensions are only 56 percent funded, meaning the expected return on the investment of previous funds ...