Risk
CPPIB Returns 8.9% in Fiscal 2019
Foreign private equities were the investment portfolio’s top-performing asset.
Tag: Pension
UK Loses Decade of Improving Life Expectancies
Mortality rate at the end of 2019 expected to fall back to 2009 level.
New Bill Would Conduct the Largest Investigation of Private Pensions in 40 Years
Bipartisan senators look for new ways to ensure retirement security.
Newsmakers
CalSTRS and Illinois Treasury Officials Win Prestigious Fellowships
June Kim and Rodrigo Garcia join 20 other finance professionals in Aspen Institute program.
NY State Pension Misses Target with 2019 Return of 5.3%
Private equity helps raise fund’s asset value to $210.2 billion.
Regulation
Switzerland OKs Tax and Pension Reforms
Referendum ends lower taxes aimed to attract foreign companies and boosts contributions to the state retirement system.
Newsmakers
Ohio PERS to End Emerging Manager Program
Fee savings not enough for CIO Paul Greff to continue effort to enlist newcomer firms.
Newsmakers
New Bill Would Make Matching Pension Contributions with Student Loan Repayments
Senate Democrats’ new proposition could benefit pension contribution rates around the country.
Newsmakers
Two States Assail Alabama Following Abortion Ban
Maryland comptroller Franchot says pension money will not be used to ‘subsidize extremism.’
Newsmakers
10th Annual CIO Summit Insights Wow Attendees
ESG, tech, farmland, and geopolitics among top talks at this year’s two-day event.
Corporate Moves
UK’s Largest DB Plan Gets New CEO/CIO
Ex-M&G Prudential head Simon Pilcher will take over the UK’s Universities Superannuation Scheme from Roger Gray.
CalPERS Private Equity Co-Investment Plan Could Be Announced Next Month
CalPERS stopped its co-investment program in 2016. Now CIO Ben Meng wants a restart.
Regulation
Chicago Sues State Comptroller over Pension Intercepts
City funds have been diverted to local pensions over alleged unpaid contributions.
News
Oregon Democrats Offer Pension Peace Treaty to Revolting Republicans
Newly proposed pension reform offers a new path to funding the troubled PERS.
Regulation
Hospital Retirees Sue Newark Archdiocese for $2.7 Million in Lost Benefits
Suit claims Archdiocese hid IRS ruling that revoked ERISA protection.