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5 Jan 2010, 10:56 am by Erin Miller
Issue: Do participants in a pension plan for which the Pension Benefit Guaranty Corporation serves as a trustee have Article III standing to sue prior plan fiduciaries for breach of fiduciary duty under ERISA, when their pension benefits have been reduced due to underfunding of the plan? [read post]
5 Jan 2010, 6:17 am by Kenneth Anderson
" 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]
5 Jan 2010, 1:32 am by Hedge Fund Lawyer
  Please email us if you would like us to add your event to this list. **** January 6-8 Sponsor: Opal Financial Group Event: Public Funds Summit Location: Scottsdale, AZ January 11-13 Sponsor: Infocast, Inc. [read post]
4 Jan 2010, 8:00 am by Lucas A. Ferrara, Esq.
Among them, the enactment of the new Tier V pension plan - the first substantive pension reform in a quarter century that takes a critical step toward making our government more accountable to taxpayers," Governor Paterson said. [read post]
4 Jan 2010, 5:00 am
In 2002, Tyco became embroiled in a well-publicized scandal arising out of alleged corporate looting by the company’s top management. [read post]
The first presupposes a prescriptive SEC "default" rule that would be applicable to all covered public companies, unless shareholders of a company adopt a different proxy access regime by amending the company's bylaws or by ratifying a board amendment to the company bylaws-commonly called an "opt-out" structure. [read post]
30 Dec 2009, 7:46 am by RiskMetrics Group Blog Team
The Council of Institutional Investors, which represents public pension funds and other institutions with more than $3 trillion under management, is urging its members to ask the U.S. [read post]
29 Dec 2009, 6:27 am by admin
Dozens of lawsuits have been filed against the rating agencies, including a case filed on Nov. 20 by the Ohio attorney general on behalf of public pension funds. [read post]
28 Dec 2009, 6:59 am by Jacob Katz Cogan
Martha (General Counsel, International Fund for Agricultural Development) has published Tax Treatment of International Civil Servants (Martinus Nijhoff Publishers 2010). [read post]
The recent and current focus of policy debate in the UK and elsewhere has understandably been on the nature, scale and need for continuance of such public policy support and the shape, extent and timing of further regulatory tightening. [read post]
25 Dec 2009, 5:01 am by James Edward Maule
When the proposed tuition tax was first made public, I ripped into the idea in Funding City Services to Tax-Exempt Schools: Impose User Fees, not Taxes.In my critique of the tuition tax proposal, I stressed the advantages of imposing user fees for the specific services provided by the city of Pittsburgh to the schools and other tax-exempt organizations carrying on activities within its limits. [read post]
24 Dec 2009, 9:26 am by Gene Takagi
 Many of the reforms focused on Type III supporting organizations and donor advised funds. [read post]
23 Dec 2009, 12:09 pm by Carolyn Moskowitz
Minow believes that full disclosure, coupled with enhanced shareholder rights and duties, is the way to go, and that institutional investors, such as pension plans and mutual funds, should be prodded into taking more seriously their fiduciary duties towards their investor clients. [read post]
23 Dec 2009, 8:32 am by admin
But the prospect of Greek austerity has already sparked protests by pensioners, students and public-sector unions in the past two weeks, and officials fear a wave of social unrest. [read post]
21 Dec 2009, 4:12 pm by NL
No adverse impact, subject to the majority of existing funding being available for re-investment. [read post]
21 Dec 2009, 4:12 pm by NL
No adverse impact, subject to the majority of existing funding being available for re-investment. [read post]