Tag: Illinois

Pensions March 7, 2023

Teacher Pension Costs Triple Since 2001, Report Says

Research finds education retirement costs are significantly outpacing education spending.

March 1, 2023

This century has been unkind, but maybe some can squeak by with only modest improvements.

Newsmakers January 26, 2023

They say a default would be ‘catastrophic’ and devalue portfolios, damaging pension funds and 401(k) plans.

Asset Allocation July 1, 2022

Fund reported 26 commitments and two terminations between February and May.

Risk June 2, 2022

U.S. public pensions entered 2022 well-funded, but they could falter without significant governance reforms.

Regulation May 27, 2022

Judge rules that voting for pension board members is not considered a 'benefit' under the state’s constitution.

Newsmakers May 9, 2022

The law is the latest in a series of legislative moves to improve struggling Illinois pensions.

Newsmakers January 28, 2022

The program has reduced the state pension’s unfunded liability by $325 million so far.

Risk August 4, 2021

Poor discipline, an inability to reform, and demographics at public safety officer pensions could hurt municipalities’ credit.

Pensions April 13, 2021

Critics say it will more than double the city’s annual pension costs to $30 million.

Pensions January 15, 2021

The move would add $18 million in extra inflation-adjustment benefits for its first year, expanding the liability for the poorly funded plan.

Asset Management Culture August 12, 2020

Ingram steps down after being placed on administrative leave due to ‘performance issues.’

Newsmakers April 21, 2020

GOP critics call the plea from Democratic state lawmakers, folded into a coronavirus relief package, ‘infuriating.’

Asset Allocation February 25, 2020

A new proposal in the state Senate aims to expand grant authorization powers for VC funding.

Asset Management Culture January 23, 2020

Strategies include global investment grade, high yield, global bank loans, emerging market debt.