Pensions
Kentucky Lawmakers Override Pension Bill Veto
Law, opposed by governor, is allowed to stand, requiring teachers to contribute more and work longer before earning benefits.
Tag: law
Pensions
California Pension Spiking Case Nears End in Court Showdown
Public sector workers want to strike down a provision that stops them from winning higher benefits in retirement.
Asset Allocation
Athene Fined $45 Million for Unlicensed Pension Risk Transfers
New York regulator said the firm illegally entered into 14 risk transfer deals.
Asset Management Culture
Kentucky County Employees’ Retirement System Proposes to Split Board’s Administration
Citing under-representation in the current KRS board, the system puts forth legislation to establish its own panel.
Risk
Can Marijuana Help Solve Kentucky’s Pension Woes?
Lawmakers assert legalization is a ‘win-win situation for everyone involved,’ and advocate for a quick approval.
Asset Management Culture
Pennsylvania Inches Closer to Forming a New $83 Billion State Investment Office
State lawmakers aim to narrow a pension funding gap by merging investment activities.
Opinion
What Defines ‘Materiality’? CalPERS’ CEO Likens New SEC Disclosure Rules to Allowances in Sexual Harassment
Marcie Frost says SEC term is too ambiguous.
Negative Sentiment Toward Private Equity Firms’ ‘Predatory’ Behaviors Impacting Investors
Mounting criticism from high-profile political figures is influencing thinking.