Employees Retirement System of Texas Lowers Expectations
Board of trustees votes to cut expected rate of return to 7.5%.
Board of trustees votes to cut expected rate of return to 7.5%.
In order to reduce Oregon PERS’ pension deficit, Governor Kate Brown to look at a series of out-of-the-box options.
Move will reduce the company’s pension obligation by $220 million.
Gains push fund’s total asset value to more than $11 billion.
Performance places TRS in top 8% of large pension funds.
Report says pension plans deepen school funding inequities.
NEPC report says fees didn’t decline for the first time since 2010.
Various loopholes could neutralize objective.
To reform the nation’s privatized plan, Beatriz Sanchez suggests new social security-style system.
Every asset class outperformed its benchmark, except private equity.
Reports take half-empty, half-full view of pension funding.
Survey also finds workers in defined contribution plans earn lower returns than those in defined benefit plans.
Cause linked to unreported debt, unrealistic return expectations.
Law approved without public hearings, retiree input.
Company to make voluntary offer available to 7,000 eligible participants.