CAAT Pension Plan Hits 118% Funded
CEO says plan is ‘in discussions with several organizations and employee groups’ about joining the fund.
Newsmakers
NJ Treasurer to Raise, then Lower, Assumed Rate of Return
Move to help reduce costs for state, local governments.
UK Pensions Funded Level Accelerates in February
Total deficit for private sector DB plans shrinks 41% over the past year.
Council of Institutional Investors Calls for Corporate Board Governance to Mitigate Sexual Harassment
Group recommends reporting case payouts, strengthening board diversity.
Substitute Kentucky Pension Bill to Be Introduced
Attorney General reveals letter citing 21 legal violations with bill hours before meeting.
UCU, UUK to Move Pension Talks to Acas
New proposals pitched in Tuesday meeting.
Court Orders Chappell to Pay £87,000 for Stonewalling TPR
Judge said the former BHS owner showed ‘complete lack of remorse.’
NACUBO Taps TIAA for Annual Endowment Study
Previous sponsor to provide complementary research.
Lib Dem Leader Demands UK Government Take Action on Universities Pension Strike
Universities Minister Gyimah calls on UUK, UCU ‘get back to the negotiating table, without preconditions.’
UUK Releases Open Letter to College Union, Calls for Tuesday Meeting
Two-month consultation for scheme members to begin end of March.
Arizona’s Largest Pension Fund to Raise Employee Contributions
Slight hike to start at the beginning of the next fiscal year.
Cryptocurrency Inquiry Introduced by UK Treasury
Inquiry will explore regulation, risks, and benefits between digital asset class and investors, government.
Over 1 Million UK Students Will Be Affected by Pensions Strikes
Strikes began Thursday over plans to remove defined benefit element from university employees’ pensions.
Kentucky Senate Finally Files Anticipated Pension Bill
SB 1 contains a variety of changes from Gov. Bevin’s controversial October bill.
Brazil Drops Pension Reform in Favor of Military Intervention
Moody’s determines measure 'credit negative.'