Tag: Pension
HOOPP Grows to $77.8 Billion, Remains 122% Funded
Fund exceeds benchmark by 2.99%.
Diocese of La Crosse Cuts Pension Plan
More than 1,000 pensioners to lose benefits; Fund had been frozen since 2007.
Former Congressman Named Chair of POWER Pension Coalition
Lack of Congressional reform could tank 100 multiemployer plans.
Tobacco, Weapons Exclusions Reduce Norway Fund’s Returns
Fund manager reports that some ‘ethical exclusions’ have lowered the fund’s performance.
Oregon Passes Law to Boost Public Pensions
Two funds will be created to help reduce the state’s $25 billion in unfunded liabilities.
A.G. Beshear Declares KY Pension Substitute Still Illegal
Cites issues with teachers’ COLA reductions.
UK Pension Liabilities Surge to £7.6 Trillion
State pension liabilities claim £4 trillion.
Discount Rate Increase Helps Grow Pensions in February
LGIMA expects heavy fixed income contributions to come.
CAAT Pension Plan Hits 118% Funded
CEO says plan is ‘in discussions with several organizations and employee groups’ about joining the fund.
Swedish Pension Fund AP6 Returns 12.3% in 2017
Annual return nearly doubles earnings from previous year.
Substitute Kentucky Pension Bill to Be Introduced
Attorney General reveals letter citing 21 legal violations with bill hours before meeting.
UK Pensions Could Benefit from Black Box Thinking
Report says DB plans should take best practices cues from aviation industry.
Norway’s Pension Fund Earns Record $130 Billion in 2017
The world’s largest pension fund now owns 1.4% of all shares worldwide.
UCU, UUK to Move Pension Talks to Acas
New proposals pitched in Tuesday meeting.