Gov. Rauner Blocks “Double Dipping” Police Retirees With New Pension Bill
Various loopholes could neutralize objective.
News
Chilean Candidate Proposes New Pension Plan
To reform the nation’s privatized plan, Beatriz Sanchez suggests new social security-style system.
Florida State Pension Plan Returns 13.77%
Every asset class outperformed its benchmark, except private equity.
Multi-Employer Pensions Divided Between Haves, Have Nots
Reports take half-empty, half-full view of pension funding.
Norway’s Sovereign Wealth Fund Returns 2.6% in Q2
Fund reports best half-year return in Norwegian kroner in its history.
Public Employees Overwhelmingly Choose Pensions Over 401(k)s
Survey also finds workers in defined contribution plans earn lower returns than those in defined benefit plans.
Connecticut Unfunded Pension Liabilities Miscalculated, Report Says
Cause linked to unreported debt, unrealistic return expectations.
New Mexico State Investment Council Reveals FY 2018 Investment Plan
Hurdles include high valuations of risk assets, macroeconomic future.
NCR Announces 2017 Lump-Sum Pension Offer
Company to make voluntary offer available to 7,000 eligible participants.
Fidelity: UK Pensioners Face 46% Lower Income Than Before ’07 Crash
“Important not to abandon hope,” associate director says.
RI Hospital Workers’ Pension Fund Placed in Receivership
Fund participants could see a 40% cut in benefits across the board.
CalPERS Champions Board Diversity Campaign Across 500+ US Companies
Requests each company develop and disclose policies, implement plans.
Credit Suisse: Commodities Picked Up in July on Signs of Economic Improvement
The oil sector gained with improving demand, although expectations for OPEC’s prospects of bringing down global production were reduced.