The Labour Party has pledged to maintain the triple lock and vowed not to raise the state pension age beyond 66.
Growing investor frustrations at the company’s annual meeting suggests change is imminent, but the board’s history makes implementation unlikely.
The Termination Versus Hibernation Debate
Funds likely to take more of a mixed approach in energy investments going forward.
The state’s 40-9 vote on Senate Bill 1 could move teachers and employees of non-high-risk jobs to a hybrid plan.
On average, 1% drop in investment return assumption will bring about 11% increase in total pension liabilities.