Although the first quarter was a wipe-out for plans, a surge in a special-strategy segment of the portfolio limited the damage in the smallest state.
Legislature overrules governor’s objection to using retirement funds to meet current expenses.
However, Senate Majority Leader Mitch McConnell has objected to providing funds to fix pension issues.
Public sector workers want to strike down a provision that stops them from winning higher benefits in retirement.
Retirement systems will struggle with meeting their required contribution targets, Pew report says.
RBC and Northern Trust report plans lost 7.1%, the steepest drop since 2008.
Federal appeals court ruling is boon to ailing police and firefighters’ pension system.