Ohio Teachers Unions Sue State Over Takeover of STRS Board
Government-appointed members will soon make up a majority of the State Teachers’ Retirement System’s board.
Pensions
Infrastructure Ranks as OMERS’ Top Performer in H1
The Canadian pension fund returned 2.2% during the first half of 2025 to raise its asset value to C$140.7 billion.
Corporate Pension Funding Drives Higher in August
Strong investment returns drove gains in corporate pension funding surpluses.
Kentucky Pensions Return Double Digits in Fiscal 2025, Assets Near $30B
The Kentucky Public Pension Authority reported strong returns across several funds, with each exceeding 11%.
Former Employee Accuses IBM of ‘Imprudent’ PRT Decision
IBM and State Street stand accused of putting cost savings ahead of retirees’ security by handing $14 billion in pension obligations to a Prudential unit.
Shell to Outsource $40B in European Pension Assets to Goldman Sachs
The mandate is one of the largest for the asset manager, which oversees $450 billion in OCIO assets.
Assets of Largest Pension Funds Rise to Record $24.4T
The largest 300 defined contribution and defined benefit plans saw their assets surpass their peaks in 2021.
Oregon PERF Posts 3.2% Q2 Return
The $95 billion Public Employee Retirement Fund outperformed its benchmark by 2 basis points.
US Public Defined Benefit Returns Beat Targets By A Mile
The median return of 11.3% for fiscal year 2025 topped the funds’ assumed rates of return by 430 basis points.
Canada Pension Plan’s Allocation to Energy Stocks Surges In Q2
Tech stocks remained the $527.3 billion pension fund’s top holdings, led by Nvidia, Microsoft, and Apple, despite dumping 22% of its Alphabet shares.
La Caisse’s Equities Portfolio Leads 4.6% First Half Return
The Québec pension fund’s asset value rose to $357.5 billion.
Maryland SRPS Returns 9.83% in Fiscal 2025
Assets of the State Retirement and Pension System rose to $73.5 billion.
Berenberg, Lurse Awarded First OCIO Mandate
The two firms had previously partnered to offer outsourced CIO services to German occupational pensions.
Multiemployer Pensions See Asset Surpluses for First Time
The funding ratio of U.S. defined benefit multiemployer plans reached 100% at the end of June, according to Milliman.