Wilshire TUCS Reports Longest Institutional Assets Hot Streak Since 1998
Strong performances from all major asset classes leads to seventh quarter in a row of positive gains.
Strong performances from all major asset classes leads to seventh quarter in a row of positive gains.
The state’s main pension funds’ returns ranged from 12.5% to 13.81%.
Taps House speaker Maia to strategize bill, which would increase minimum age for pensions and cut benefits.
TPR report finds the overall percentage of eligible employees saving into a workplace pension increased to 78% from 55%.
Dow Jones’ decision made after committee’s market reviews, consultation responses.
Steps being made to successfully implement new law that moves new employees into hybrid pension plan.
Largest gains point to domestic, foreign equities.
Finds issues with PSPRS’ DROP system, looming statewide crisis.
Dismisses High Court’s 2015 ruling that said Project Waltz breached contractual duty with employees.
LCP: Liabilities have risen at a faster pace than assets over the past 10 years.
Tracking service has reported five consecutive quarters of positive results.
Deadline extended until Tuesday evening.
Report projects that the multiemployer program's deficit will rise to $80 billion in less than nine years.
Including 2017, compound rate of return is 7.4% over the last four years.
More than 50% of six-figure pensioners are from police, firefighter units, Empire Center reports.