The state retirement fund is injecting $55 million to pay down liabilities, while also changing COLAs and increasing contributions.
Largest US pension plan drops at least $15 billion as retirement programs worldwide suffer.
The chief investment officer is moving to an investment management consulting firm in Northern California.
Former Houston Rockets team member Zaid Abdul-Aziz is entitled to additional benefits for the rest of his life, suit says.
The state pension plan is incorporating sustainable investing across asset classes.
World’s largest pension fund’s asset value rises to $1.54 trillion.
