State Contributions Worry Kentucky Trustees Once More
At lowest funded US public pension fund, the same percentage of active worker payrolls will not net the same level of contributions as in the past.
Pensions
Kroger to Pay Nearly $1 Billion to Ditch Multiemployer Plan
Supermarket operator will fork over $962 million to withdraw from UFCW International Union–Industry Pension Fund.
New Jersey Pension Fund Returns Only 0.82% Year to Date
The investment portfolio for the state’s pension fund fell short of its benchmark by more than 2 percentage points.
Why Brown Is Beating the Other Ivies
Markov Processes analyzes how Brown has managed to outperform its rivals in recent years.
Laid-Off Ford Managers Set Back on Bid for Higher Pension Payouts
Federal judge rules that they must use arbitration, instead of the courts, to seek redress.
Nearly 50 Religious Institutions Divest From Fossil Fuels
A group of mostly Catholic organizations follows Pope Francis’ call for decarbonization of economies.
Pension Gender Gap Closes to 1% in UK
However, report finds women are still saving £1,300 less per year than men.
Canada Pension Plan Investment Board Returns 5% for Quarter
Asset value rises to C$456.7 billion for Q2 of fiscal year 2021; fund names Frank Ieraci as head of active equities.
Kentucky Teachers’ Plan Improves Funded Status to 58.4%
The state’s full contribution led to a fourth straight year of higher funding levels, as the pension issue continues to roil the legislature.
New York State Pension Fund Returns 6.2%
The state retirement system broadly outperformed US pension funds in the third quarter.
Funded Status of US Corporate Pensions Rises $21 Billion in October
Aggregate deficit of 100 largest defined benefit plans falls to lowest level since March.
US, UK Corporate Pension Deficits Widen Due to Falling Equity Markets
Rising discount rates were not enough to offset markets spooked in October by surging COVID-19 cases.
10 Ways to Close Public Pension Funding Gaps
NCPERS research identifies actions governments can take to close pension funding gaps without resorting to detrimental ‘knee-jerk’ reactions.
Local Pension Plans Benefited from Shifting Money to MassPRIM, Report Says
Push to consolidate underfunded small retirement programs under the state-level system is being considered in other states.
UK Pension Consolidation, Climate Change: Main Trends over Next 5 Years
Survey finds pension industry executives believe combating global warming takes preference over generating high returns.