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5 Mar 2012, 7:39 am
In the latest case involving a corrupt public official keeping a taxpayer-funded salary, an assistant fire chief in Florida will hang on to a six-figure annual pension despite a fraud conviction. [read post]
28 Aug 2016, 7:09 pm
” The State Pension Funding Gap: 2014 (PDF) State by State Data [read post]
23 Mar 2009, 2:09 pm
In an effort to restore confidence in the capital market system, at least ten leading public pension funds of the United States have developed and announced a set of financial regulation principles. [read post]
27 Apr 2023, 9:05 pm
Specifically, there are three potential lines of reasoning under the First Amendment that may apply to public pension funds: compelled association with the public pension fund, compelled subsidization of the speech of the public pension fund, and compelled subsidization of the speech of investment managers and other entities connected to the fund. [read post]
3 Apr 2010, 6:01 pm
But some of their biggest investors, public pension funds, are still waiting for the hefty rewards they were promised. [read post]
7 Jan 2011, 5:36 am
UNDERFUNDED PUBLIC PENSION UPDATE: US Inquiry Said to Focus on California Pension Fund. [read post]
23 Mar 2010, 6:05 am
Campaign contribution data is effectively unavailable for almost all local public pension funds (and some state funds); local funds comprise nearly two-thirds of all public pension fund lead plaintiffs. [read post]
12 Dec 2016, 5:00 pm
Funded Pension arrangements, in particular defined contribution ones, are playing a growing role in complementing retirement income from public sources in OECD countries and worldwide. [read post]
22 Aug 2013, 4:00 am
” The NASRA report noted that “State and local government pension benefits are paid not from general operating revenues, but from trust funds to which public retirees and their employers contributed while they were working. [read post]
14 Jun 2010, 2:52 pm
Safe, Strong and Secure: The pension fund is one of the best funded public pension funds in the nation and can cover its current and future obligations. [read post]
16 Feb 2024, 1:17 pm
Circuit issued its decision in Trustees of IAM Nat'l Pension Fund v. [read post]
25 Jan 2013, 6:19 am
Some public DB plan sponsors are already facing significant challenges, such as relatively low funded levels. [read post]
26 Mar 2010, 6:39 am
Federal criminal investigators are looking into possible wrongdoing involving investment transactions of other public pension funds including Calpers, California’s public-pension fund. [read post]
8 Oct 2013, 7:13 am
As she explained then, the question to be played out was whether, and how, governments – read taxpayers – would continue to fund public pensions at their prescribed benefit levels, or whether benefits would end up being cut. [read post]
9 Dec 2010, 11:00 am
In its role as advisor, Aldus evaluated the suitability of proposed investments for public pension funds and was a fiduciary to public pension funds in this capacity. [read post]
6 Feb 2014, 3:01 pm
Also, Houston is suing the firefighters pension fund in that city in an effort to contain costs, and experts are predicting the Houston police pension fund may fall short sooner than expected. [read post]
19 Sep 2014, 4:43 pm
City of Gadsden that a city's increase in the mandatory contribution paid by public employees to the city's pension fund did not violate the... [read post]
12 Feb 2021, 7:11 am
While the court held that the Executive Office would be responsible for funding the pension funds, it has not expressed any view in regards to the source of funding for the pension scheme. [read post]
5 Jan 2010, 6:17 am
" Estimates of aggregate funding requirement of the US pension system have ranged between $400bn and $500bn, but Mr Kramer's analysis concluded that public funds would need to find more than $2,000bn to meet future pension obligations. [read post]
4 Oct 2016, 9:45 am
To increase the transparency of fees and expenses paid to alternative funds, every California public pension plan must require each alternative fund in which they invest to make various disclosures, and California public pension plans are required to disclose that information during meetings open to the public. [read post]