Faced with Underfunding, Connecticut Seeks Proposals Tuesday for Teachers Pension Plan
Proposal deadline 4:30 Tuesday; public hearing set for Wednesday.
Proposal deadline 4:30 Tuesday; public hearing set for Wednesday.
Public pensions would get 100% of proceeds from license fees and taxes for 20 years.
Company reviewing feedback, still in talks with CWU for non-managerial DB members.
US, UK, and Japan among top total asset markets.
Deficits shrink on a monthly and annual basis.
Under new policy, PFRS would shift management from the state to a 12-member board.
Survey finds that more than half of UK wealth growth comes from private pensions.
Union members must approve deal in national ballot.
Poll reveals massive displeasure with president’s government among Brazilians.
System has approved nearly $1.8 billion in investments since September.
New whitepaper urges plans to create a strong defense against economic, political shocks.
Consultants said the collapsed company could have afforded ‘materially higher’ pension contributions.
Details explained by University of Illinois math professor.
Fund shifts 5% allocation to large cap and fixed-income investments.