Tax considerations, rising PBGC premiums drive move, Russell Investments says.

Goal is to make Saudi Arabia less dependent on oil income and attract more foreign investors to the country’s capital markets.

Now in its third edition, this highly popular resource for pension plan fiduciaries is not only a great reference work for CIOs, CFOs, and Treasurers, but also an excellent training tool for new board and investment committee members.

Change driven by lower assumed rate of return, salary increases, and weak investment returns

Deficit drops to $247 billion from $275 billion.

Over the past five years, investment returns added $1.2 billion to the state’s retirement system.