Corporate DB Funded Status Rises to 93.4% in July
Aggregate deficit falls $12 billion to $108 billion.
Aggregate deficit falls $12 billion to $108 billion.
Period was the last full quarter with Vicki Fuller as CIO.
The pension lost around $500 million as it sold most of its portfolio.
Put beginning teachers and government workers into a hybrid plan to trim the state’s funding deficit, group says.
Michele Nix formerly was director of finance at the city of Columbia, Missouri.
Hashmukh Shah accused of falsely claiming firm enrolled staff in pension plans.
Ted Eliopoulos wants to know whether the largest US pension system is being rewarded enough for its investment risk taking.
Gov. Matt Bevin appealed the Circuit Court’s June ruling against his pension reform law.
The specialty insurer saves benefits of 9,000 members by shifting them to annuities.
Company also makes $100 million pension contribution.
Plan now stands at $278.9 billion.
Private and public equities lead the way with double-digit gains.
Publica has cut some stocks to de-risk, and will also sell some of its bonds as part of a new strategy.
Tunku Alizakri Alias will take over Shahril Ridza Ridzuan’s responsibilities at the end of the month.
Despite positive returns, nearly all asset classes fell short of their benchmarks.