Search for: "Public Pension Funds"
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11 Dec 2015, 5:12 am
State Senate President Stephen Sweeney introduced legislation Monday that would give government workers’ pensions the constitutional protection that has eluded them and sunk the pension fund deeper into debt. [read post]
3 Dec 2015, 12:44 pm
This time, the Court is reviewing a decision from the Circuit Court of Cook County striking down SB 1922, a bill aimed at saving the Chicago public employees pension system. [read post]
30 Dec 2010, 10:37 am
Private and public pension funds continue to be faced with daunting deficiencies between assets and liabilities. [read post]
19 May 2010, 4:32 am
The giant California public pension fund plans to demand $600.7 million more from the state to help shore up its finances, Bloomberg News reported. [read post]
6 Jan 2011, 10:56 pm
Federal regulators are investigating whether California violated securities laws and failed to provide adequate disclosure about its giant public pension fund. [read post]
29 Sep 2018, 12:45 pm
Public pension funds in New York and California are increasingly considering Climate Change related risks as a criteria for guiding their investment decisions. [read post]
16 Mar 2010, 3:20 am
The board of California's giant public pension fund voted Monday to remove the limit on the number of shareholder proposals it can issue to companies in its portfolio. [read post]
18 Jun 2016, 2:00 pm
Kanas allegedly accessed these funds after her father’s death and liquidated all but $1,207.55 in pension benefits over that time period.Details concerning the allegations concerning Renee Kanas are posted on the Internet at::http://www.osc.state.ny.us/press/releases/june16/061716a.htm Since taking office in 2007, DiNapoli has committed to fighting public corruption and encourages the public to help fight fraud and abuse. [read post]
16 Jan 2018, 4:25 am
” That plan offers less generous benefits than the Public Employees’ Retirement System (PERS), one of the state’s largest and least financially sound pension funds. [read post]
31 May 2022, 5:22 am
After it was served, the Police Pension Fund informed the husband that it would begin paying the wife $3,139.70 per month, representing 50% of the husband’s total pension. [read post]
8 Aug 2010, 3:09 pm
“A large majority of voters have been asleep at the switch, and public employees have been awarding themselves constantly-increasing salaries and pension benefits. [read post]
6 Jun 2010, 10:34 am
Oregon's pension fund now has $10.2 billion in private equity funds. [read post]
12 Oct 2010, 2:29 pm
Most following the investigation of New York state's public pension would probably say that the investigation's peak came last week, with the guilty plea of former New York comptroller Alan Hevesi. [read post]
23 May 2018, 3:00 am
This excerpt says the problem is California’s transparency legislation: New transparency requirements and a seller’s market for private equity investments are putting California public pension funds at a disadvantage when seeking to invest. [read post]
21 Jul 2011, 11:14 am
As reported by nj.com, three major public worker unions’ committees stopped donating to state lawmakers while the legislators, who face elections in November, were preparing to vote on a landmark overhaul of pensions and health benefits. [read post]
6 Sep 2008, 2:55 pm
STILL MORE ON THOSE UNDERFUNDED PUBLIC PENSIONS: The American Academy of Actuaries is considering new standards that would require local governments to provide two estimates of returns on investments made on behalf of public employee pension funds, The Washington Post reported Friday. [read post]
29 May 2013, 8:34 am
Senator Steve Oroho questioned today the decision by Senate Democrats to reinstate a clause in bill, S2467/S2471, that would force New Jersey to divest pension funds from thriving American companies that legally sell firearms. [read post]
4 Mar 2015, 3:52 am
As reported by Politckernj.com, in the aftermath of Governor Chris Christie’s budget address, the leaders of the State’s Police and Fire Benevolent Associations announced their decision to file separate lawsuits aimed at making the Governor comply with the full funding of the public pensions. [read post]
20 Aug 2010, 7:17 am
“California’s public pension fund allowed its fund managers to take mega-jet-set kickbacks from financial companies looking to win big state investments. [read post]
16 Jan 2015, 4:47 am
One only needs to remember back to 2011 when the Democratic Legislature agreed to the passage of Chapter 78 of Public Law 2011 that required unionized public employees to pay a higher percentage of their healthcare premiums in exchange for the promise that the Christie Administration would fully fund the public employees pension system. [read post]
