Regulation
Kentucky Education Groups Offer Alternative Pension Reform Plan
Coalition calls for less generous plans, but nixes switch to DC.
Tag: Pension
Regulation
Houston Voters Approve $1 Billion in Pension Bonds
$750 million will go to the city’s police pension, and $250 million to the municipal workers' pension.
Newsmakers
Oregon Task Force Offers Ways to Cut Pension Deficit by $5 Billion
Ideas include privatizing universities, and boosting alcohol and lottery revenue.
NCR Agrees to US Pension Risk Transfer
De-risking move will help secure $190 million of benefits for 6,000 participants.
Research
Japan’s Pension Fund Returns 3% in Q2
Foreign, domestic equities help the fund earn $39 billion for the fiscal second quarter.
Newsmakers
US Treasury Approves MPRA Benefits Reduction for Michigan Pension
International Association of Machinists Motor City Pension is the fourth fund to receive approval.
Norway Pension Fund Balances ESG with Returns
The world’s largest sovereign wealth fund uses its influence to produce both change and returns.
Research
Canadian Pensions Report Sixth Consecutive Positive Quarter
Pensions earned 0.55% for the quarter, and 6.14% over the past year.
Research
UK Pensions Improve Funded Status in October
The deficit for UK private sector pensions is down £128 billion from last year.
Newsmakers
N.C. Retirement System Boasts of Funded Status
Conservative assumptions and disciplined funding helped state rank among top-five funded pensions.
Church Pension Group Calls Ditching DB for DC Plan ‘Irresponsible’
Group says practice of moving from defined benefit to defined contribution plans is not done for the benefit of employees.
A. H. Belo, NY Times Transfer Pension Liabilities
Newspaper publishers de-risk a combined $268.5 million.
Inflation Expectations Impact Pension Plans as Fed Continues Balancing Act
Markets continue to anticipate muted inflation, and the Federal Reserve to contemplate rate hike in December.
Newsmakers
Philadelphia Pension to Divest Private Prison Stocks
Board votes to liquidate $1.2 million worth of stock in three private prison companies.
Newsmakers
Illinois TRS Earns 12.6% in FY2017
However, unfunded status grows as fund continues ‘treading water.’