Middle-Market Strategies Dominate Texas Municipal’s Latest Commitments
Retirement fund recommends $650 million in investment activity at its last meeting.
Retirement fund recommends $650 million in investment activity at its last meeting.
Despite the ruling, the court sidestepped a much larger issue, whether core pension benefits promised at the time of hire for public workers can be changed.
State retirement system’s investments return 4.14% in January.
Funded level of Segal Group model falls to 95% from 102%.
Investment committee members may vote on the plan in two weeks.
Wizard of Omaha has slipped in some subtle advice for funds in Berkshire’s annual letter.
City employees approve plan to increase contributions to retirement fund.
Strong returns in the system’s infrastructure and private equity strategies pull it out of negative territory for year.
Institutional group wants the top 20 public power companies to make good on Paris Agreement goals.
Thanks to unlisted assets, AP6 fund beats the market and peers, but not its record from last year.
However, bill would need 60 of 100 House votes to pass.
Pritzker’s plan to bolster the underfunded public pension system via new taxes ‘punts’ on meaningful change, S&P says.
Plan is essential if CalPERS wants to avoid increasing its approximate $140 billion unfunded liability, Meng says.
Amid acrimony and a deadlocked legislature on the retirement plan issue, small signs of change are welcome.