Wilshire: State Pensions Are Over 70% Funded
Although liabilities climb, shortfalls shrink by $58 billion.
News
CalSTRS to Put Pressure on Gun Retailers
New plan would force Kroeger, Walmart to pull firearms from shelves or face divestment.
FedEx Sending $6 Billion in Pension Liabilities to MetLife
Transaction is largest risk transfer in US since Verizon/Prudential deal.
Canadian Pension Board, Allianz Capital Among First to Invest in Indian Private Infrastructure Trust
Project will see toll road development across four Indian states.
Exclusive: After More Than a Year of Searching, Connecticut Has Found Its New Chief Investment Officer
New York MTA's first CIO Sean Crawford to take the helm.
A.G. Beshear Gets Witness Thrown Out in Kentucky Pension Case
Republican Gov. Bevin attacks judge as a biased Democrat.
Hedge Fund Manager Sentenced to Six Years for Fraud
Yasuna Murakami ordered to pay $10.5 million in restitution for running Ponzi scheme.
UK Workplace Pension Participation Surges to Record High
Auto enrollment helps portion of workers with pensions rise to 73% from 47% in five years.
Ohio Teachers’ Pension System Buys Remodeled Texas High-Rise
State retirement system targeting Dallas for real estate portfolio investments.
New Accounting Rules Trigger a Paper Loss for Berkshire, but Buffett Says It’s OK
Company has $110 billion ready to make a large cash acquisition.
Treasury Approves Benefits Cuts for Fifth Pension Fund
Alaska Ironworkers Pension sees reduction plan accepted on second try.
TPR to Seize Assets of Employers Ignoring Pension Fines
High Court enforcement officers will be used to force delinquent companies to pay up.
Tax Collected from Lifetime Pension Allowance Soars 1000%
Government windfall rises to £110 million from £10 million in 10 years.
Canadian Pension Returns Defy Slumping Domestic Equities
Pensions returned 0.37% during Q1, despite Canadian equities falling 3%.