NYC Pension System to Divest $5 Billion from Fossil Fuels
Seeking climate change-related damages, city files lawsuit against five major oil companies.
Seeking climate change-related damages, city files lawsuit against five major oil companies.
Bill is being analyzed in accordance with impact on state budget.
Freeze to affect 7,900 US employees.
Mercer expects 2018 to be ‘biggest year ever’ for pension risk transfer.
Main objective is to reinstate contribution subsidy.
Officials hope reform is adopted before next fiscal year begins.
Universities pension fund reaches partial settlement of class-action suit.
Church Pension Fund contributes to $75 million clean technology fund.
Discount rates decreased by 3.56%.
Strong Q4 equity markets boost funded status ratios across the board.
New bill would allow shortfalls to borrow from government-issued Treasury bonds.
Malloy says state can’t afford annual payments into teachers’ retirement system.
Issuance is final piece of Houston Pension Solution reform package.
Willis Towers Watson cites strong stock market performance and significant employer contributions as reasons for growth.
Plaintiffs allege the retirement system should have stayed with more vanilla index investments.