Pensions
NCPERS to Host Chief Officers Summit in June
The summit will bring together public pension CEOs and CIOs in Nashville.
Tag: Pensions
Pensions
Mississippi PERS Opposes Bill to Change Board, Deny Employer Contribution Increase
Legislation passed by the Mississippi House of Representatives would flip the pension’s board from mostly elected by members to mostly appointed by government officials.
Pensions
HOOPP Returns 9.8% in 2023
The Healthcare of Ontario Pension Plan saw strong returns from public and private equities.
Pensions
Ontario Teachers’ Returns 1.9% in 2023
Losses in infrastructure and real estate offset strong equity returns for the fund.
Pensions
With Corporate DB Pension Funding at All-Time High, Will Pension Reversion Transactions Increase?
Likely not, but there are opportunities for plan sponsors to take advantage of excess pension assets.
Pensions
Penn SERS Returns 12.2% in 2023
Pension returns were boosted by equities, while real estate lagged.
Asset Allocation
MassPRIM Adopts New Asset Allocation
The Bay State’s investment management board seeks to achieve a 7% annualized rate of return while accepting no greater than a 20% drawdown.
Pensions
Shell Closes $4.9B Pension Risk Transfer With Prudential
The pension obligations cover 21,500 of the company's retirees, the first large PRT transaction in the U.S. this year.
Pensions
Chicago Teachers’ Pension Boosted Funded Status in Fiscal 2023
With returns of 9.1% for the fiscal year that ended in June 2023, the funded status increased by 400 basis points.
Alternatives
Slowdown in PE Exits, M&A Activity Leads to Smaller, Slower Distributions to Public Pension Funds
Some funds with significant allocations to private equity are facing a negative cash flow from PE distributions.
Pensions
Most US Public Pension Funds Are Distressed, per Equable Report
The average funded ratio for American pension plans was 78.1% in the most recent fiscal year study, with $1.4 trillion in total unfunded liabilities.
Pensions
Despite Concern From Lawmakers, US Pensions and Endowments Pour Into China
According to a report from Future Union, US-based pension funds and university endowments have allocated billions to Chinese investments.
Pensions
Public Pension Funds Shifting Public Assets to Private Equity, Real Estate, According to Milliman
The findings were a part of the firm's public pension funding study.
Pensions
PensionDanmark Sells Tesla, Puts It on ‘Exclusion List’ Over Union Dispute
The car manufacturer is refusing to enter into a union agreement in adjacent Sweden.
Pensions
UK Chancellor’s Autumn Statement Proposes Pension, Benefits Increases
The Conservative Party government’s plans also include consolidating smaller pension funds and extending programs to spur investing in startups.