News

Outgoing CalPERS Board Member Criticizes Fund Earnings

Lou Moret, an outgoing CalPERS board member, has criticized the pension for investment earnings at the fund being below the median among institutional investors, as detailed in a quarterly earnings report by Wilshire.

Survey: Pensions Love Hedge Funds

Pension money is going into hedge funds at a faster rate than other asset classes, according to an annual survey by the National Association of Pension Funds. 

DiNapoli Proposes National Commission to Address Retirement

Thomas DiNapoli, the New York state comptroller and sole trustee of the $147 billion New York State Common Retirement Fund, has suggested creating a national commission “to talk about ways to maintain existing defined benefit plans.”