San Diego’s Pension Payments Will Decrease by Over $30 Million
The city’s plan is on track to achieve full funded status by 2033.
Newsmakers
This Local Pennsylvania Police Pension Fund Is About to Run Out of Benefits. How Did That Happen?
The pension board is accused of opening the doors for pension spiking.
Ride-Hailing Apps Drove Him to Crime, Says SEC
A taxi medallion investor hurt by the success of Uber and Lyft allegedly committed fraud to boost his stock.
New Hampshire Retirement System Director of Investments Announces Retirement
Larry Johansen has served at the fund in the role for over 12 years.
Former CEO Gets Over 11 Years for ‘Massive’ Market Manipulation
AJ Discala was convicted of orchestrating pump and dump schemes through two reverse mergers.
Swedish Pension Responds to Accusation of Taking Blacklist Too Far
AP7 was accused of committing a ‘security scandal’ by linking Wärtsilä to nuclear weapons production.
Providence, Firefighters Union Reach Pension Contribution Deal
Plan participants will contribute up to 16% of their salary under a five-year agreement with city.
Mass PRIM Surpasses $100 Billion in Assets
The milestone was reached after the pension reported the highest annual returns in its 35-year history.
Ontario Pension Fund Pledges Net-Zero Emissions by 2050
The $89 billion OMERS will follow the advice of the Task Force on Climate-related Financial Disclosures.
Will Jolly Old Saint Nick Visit the Stock Market This Holiday Season?
Statistically, there’s usually a Santa Claus rally right after Christmas, and it’s a good one, says LPL’s Detrick.
Who Are the New Candidates for CalPERS’ Spring 2022 Special Board Election?
One candidate has a background in tax assessment, while the other comes from public transit.
Allocator Insights Webinar Dec. 21: Debriefing Tools and Tactics
Four top allocators will vet ideas they’re considering for an evolving investment landscape.
UK Regulator Anoints Clara-Pensions as First DB Superfund
The consolidation of pension funds is intended to provide a more efficient alternative to bulk annuities.