42% of the fund’s retirees and beneficiaries have had their benefits reduced by more than half of their promised benefits.

Perlioni will be responsible for managing and investing more than $6 billion in endowments and other assets.

 The Federal Reserve’s rate forecast for 2017 may come to resemble that of 2004, which may be good news for investors in US dollar credit.

 If policies don't materialize, investors predict headwinds a year from now.

 Bill would require disclosure of payments to foreign governments and possibly spotlight unaccounted revenue, but could give foreign governments an advantage.

 Research showing private markets could meaningfully enhance performance of DC pension portfolios.

 Some pension systems may be underfunded forever.

 Study finds that since 2013, women have received, on average, 1% of their salary less in employer pension contributions each year.