Newsmakers
UK Pension Incomes Hit Pre-Recession High
Retirement incomes have surged 30% in the past five years.
Tag: Pension
Regulation
Judge Rules Baltimore Violated Pension Contract
Court says 2010 pension overhaul ‘breached its contract’ with city police and firefighters.
Regulation
Facing Police Shortage, NM Considers Pension Changes
As Santa Fe expands city turf, it co-sponsors supportive resolution.
Asset Allocation
Chinese Provinces Consider Entrusted Pension Investment
Nine provinces have transferred a total of $66 billion to the national pension fund.
Asset Allocation
Norway’s SWF Inches Toward Private Equity Clearance
Ministry of Finance to present decision-making assessment this spring.
Risk
NYC Pension System to Divest $5 Billion from Fossil Fuels
Seeking climate change-related damages, city files lawsuit against five major oil companies.
Kentucky Pension Reform Bill Could Be Imminent
Bill is being analyzed in accordance with impact on state budget.
Arconic to Freeze US DB Plans in April
Freeze to affect 7,900 US employees.
UK Companies Reduce Pension Deficit by £8 Billion
Mercer expects 2018 to be ‘biggest year ever’ for pension risk transfer.
Decennial Commission Seeks to Aid NH Pension Funding Issues
Main objective is to reinstate contribution subsidy.
Kentucky Mayor Pushes for State Luxury Tax to Aid Pension Problems
Officials hope reform is adopted before next fiscal year begins.
UK’s USS Reaches $2.95 Billion Settlement with Petrobras
Universities pension fund reaches partial settlement of class-action suit.
Episcopal Pension Invests in Socially Responsible Fund
Church Pension Fund contributes to $75 million clean technology fund.
Mercer: Funded Status of S&P 1500 Pensions Hits 84% in 2017
Discount rates decreased by 3.56%.
Research
Mercer: Canadian Pensions Enter 2018 Near-Fully Funded
Strong Q4 equity markets boost funded status ratios across the board.