PennPSERS Returns 11.74% in 2025, Makes $425M in Commitments in March
The fund outperformed its long-term assumed rate over the past 10 years.
Pensions
More Than Litigation Could Curtail Future PRT Transaction Volume
Underlying drivers of demand for pension risk transfers appear to be deteriorating, according to Capital Group’s Colyar Pridgen.
Connecticut Pension Returns 14.2% in 2025, Commits $650M
Assets of the Connecticut Retirement Plans and Trust Funds rose to $68.7 billion at the end of 2025.
Swiss Re Makes Inaugural US Retiree Longevity Transaction
The $2 billion transaction was conducted with Athene as counterparty.
Illinois Municipal Retirement Fund Commits $249M to Real Assets, Alternatives
The $60.8 billion IMRF re-upped with existing managers.
Corporate Pensions See Mixed Funding Ratios in February
Some barometers found funding surpluses pushing near 110%.
IFM Investors Maps Path for Australia’s Super Funds to Meet US Infrastructure Funding Gap
To revitalize American infrastructure, IFM described pension funding as a ‘generational opportunity.’
Indiana Mandates Access to Crypto Investments for Participants in Certain State Retirement Plans
The state is the first in the U.S. to require digital assets be an investment option in public defined contribution plans through a brokerage window.
Australian-Canadian Pension Initiative Could Unite $14T for Investing by 2040
Australia’s industry superannuation funds and a group of Canadian public pension funds plan to work together to increase investment in their respective regions.
CAAT CEO Dobson to Leave Following Vacation Payout Probe
The chief executive of the $17B plan had received a $1.2M payout in lieu of vacation time.
Public Pension Funds Are Getting Healthier. Their New Problem: Paying the Bills
As funding levels rebound, retirement systems face an unexpected shift—one that could force them to rethink investment strategy, liquidity and long-term risk.
Paltry PE Returns Weigh Down La Caisse as 9.3% 2025 Return Misses Benchmark
The meager 2.3% return from the Quebec pension fund’s private equity portfolio fell well short of the benchmark’s 12.6%.
AT&T Agrees to Allow Shareholder Proposal Submitted by NYC Pension Funds
Four New York City pension funds will drop their complaint after AT&T agreed to allow its shareholders to vote on workforce demographic disclosures at its annual meeting.
Equities, Gold Drove Wyoming Retirement System’s 17.8% Return in 2025
WRS assets surpassed $13.1 billion at the end of the year.
OMERS Returns 6% in 2025, Dragged by Private Equity
The assets of the Ontario Municipal Employees Retirement System rose to $106 billion at the end of December, as equities and real estate gained.