Aggregate funded status was at 100% for 2024, the first time since before the Global Financial Crisis that pension funds closed the year fully funded or better, per data from WTW.
The NZAM suspended activities and removed an online signatory list while reviewing how the organization fits into a ‘new global context.’
Laborers Local No. 265, Teamsters Local 734 and the IUOE Upstate NY Engineers Fund will receive grants totaling almost $250 million under the Special Financial Assistance Program.
Per a survey by Rackspace Technology, most asset managers plan to move digital data to a private cloud to increase security.