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25 Feb 2015, 4:12 am
The state’s health care savings would be recycled into closing the gap in pension funding. [read post]
4 Oct 2022, 2:57 pm
Insolvent single employer pension plan funding is covered under a separate PBGC insurance program. [read post]
13 Sep 2004, 10:08 am
(PBGC) has announced that Enron has agreed to pay $321 million from the proceeds of its sale of its pipeline operations in CrossCountry Energy LLC to fund pension plans for thousands of former Enron employees. [read post]
11 Feb 2016, 6:00 am
Key elements of the plan were finalized and published on January 26, 2016, and include some of the following, as explained by the government: Funding and contributions Like the CPP, the ORPP would be funded by equal co-contributions from both employers and employees. [read post]
10 Nov 2011, 8:41 am
The measure will require workers to contribute 7.5% of their salaries to the pension fund, though that percentage would rise and fall depending on the economic climate and financial condition of the City. [read post]
20 Jun 2011, 12:57 pm
Refers to Legislation as “Victory for Taxpayers” Senator Dawn Marie Addiego (R-Burlington) issued the following statement today after the Senate passed S-2937, comprehensive public pension and benefit reform legislation: “Passage of today’s historic legislation is a victory for taxpayers who will no longer be expected to fund unsustainable public employee benefits that they themselves do not receive in the private sector. [read post]
25 Dec 2021, 10:42 am
The Summary provided by the Pension Fund Global for both cases, with additional documents follow below. [read post]
28 Mar 2012, 10:04 am
The provision, which the Senate added to the measure on March 7, would change the way companies calculate pension contributions, allowing them to contribute less to retirement funds. [read post]
24 Feb 2011, 9:00 pm
In its study of public pensions, the Commission found that the state’s 10 largest pension funds – encompassing 90 percent of all public employees – are overextended in their promises to current workers and retirees. [read post]
MORE PUBLIC PENSION PROBLEMS, THIS TIME IN PITTSBURGH: City Officials May Need Hail Mary Pass As Un…
5 Feb 2011, 5:53 pm
MORE PUBLIC PENSION PROBLEMS, THIS TIME IN PITTSBURGH: City Officials May Need Hail Mary Pass As Unfunded Liability Hits $700 Million. [read post]
25 Oct 2022, 6:30 am
This divide has deepened as more than a dozen states introduced new initiatives over the last year seeking to either divest state pension funds from gun and ammunition, oil and gas, and/or coal companies or, conversely, to require state pension fund divestment from companies that boycott fossil fuel companies. [read post]
14 Oct 2015, 9:32 am
According to the letter, the disclosure requirements should be applicable to the private equity investments of all public pension funds in California and apply to management fees, fee offsets, fund expenses and carried interest. [read post]
26 Apr 2011, 11:45 am
Read the rest of Doherty: Democrat Leadership Must Move On Bill to Remove Private Entities from the Public Pension Funds (65 words) [read post]
14 Jun 2017, 6:55 am
Chris Christie is betting that the lottery is the ticket to shoring up one of the state’s most vexing money problems: ever-growing obligations to the pensions for public employees. [read post]
14 Jun 2017, 6:55 am
Chris Christie is betting that the lottery is the ticket to shoring up one of the state’s most vexing money problems: ever-growing obligations to the pensions for public employees. [read post]
27 Aug 2013, 8:05 am
According to Buck, the new method is generally used by the majority of public pension systems nationwide. [read post]
11 Jul 2012, 7:30 am
Meanwhile, in Scott Walker’s Wisconsin, the pensions are 100% funded. . . . [read post]
28 Dec 2012, 4:00 am
Pension Fund permitted to credit report of the scene were the alleged accident occurred made at the time of the event over a description of the scene made two years later Lang v Kelly, 2012 NY Slip Op 08788, Appellate Division, First Department Board of Trustees of Police Pension Fund of Police Dept. of City of New York, by a tie vote, rejected Jean Lang’s application for accidental disability retirement benefits. [read post]
22 May 2019, 1:24 am
Similarly, the review rejects the idea of merger with the Pension Protection Fund and Pensions Ombudsman to form a single larger pensions body, which it says would not be feasible or produce meaningful benefits. [read post]
7 Aug 2018, 10:28 am
Jane Meacham is the editor of BLR’s retirement plan compliance publications. [read post]
