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3 Apr 2015, 8:37 am
Laborers District Council Construction Industry Pension Fund, No. 13-435, 2015 WL 1291916 (U.S. [read post]
2 Apr 2015, 5:00 am
This new KPA Advisory report, based on a recent survey of over 80 major pension funds, identifies a positive correlation between the quality of institutional investors’ internal corporate governance practices and their long-term investment practices. [read post]
1 Apr 2015, 4:39 am
These public statements, along with the level of regulatory expectations of directors, suggest that regulators may consider expanded director accountability to be appropriate. [read post]
31 Mar 2015, 12:11 pm
Commercial trusts come in various forms, including trusts created pursuant to a state business trust act and trusts created to administer specified funds, such as to pay a pension or to manage pooled investments. [read post]
31 Mar 2015, 7:19 am
The WPL, however, applied only to the payment of state Medicaid funds. [read post]
31 Mar 2015, 6:05 am
Laborers District Council Construction Industry Pension Fund, No. 13-435, is the Court’s first meaningful foray into Section 11. [read post]
31 Mar 2015, 3:47 am
Labor unions, meanwhile, have argued the Governor broke a contract requiring him to ramp up payments into the public worker pension system. [read post]
30 Mar 2015, 3:59 pm
Mr & Mrs Hardy argued: The decision and policy was a fettering of discretion The decision amounted to Article 14 (ECHR) discrimination The decision was a breach of Sandwell’s Public Sector Equality Duty. [read post]
30 Mar 2015, 12:54 pm
Council of Laborers & HOD Carriers Pension & Welfare Fund v. [read post]
28 Mar 2015, 6:33 am
Laborers District Council Construction Industry Pension Fund, No. 13-435, the U.S. [read post]
26 Mar 2015, 7:55 am
The plaintiff pension fund argued that falsity was enough because the 1933 Act creates a scheme of absolute liability that does not require any showing of scienter on the part of the registrant. [read post]
26 Mar 2015, 3:40 am
Here’s an excerpt: Certain pension funds have sent extensive, joint questionnaires to directors of public companies seeking detailed information as to the cybersecurity oversight systems and controls in place. [read post]
25 Mar 2015, 4:42 am
She ordered Christie to work with the Legislature to come up with the cash to fund the payment required under a 2011 pension reform law. [read post]
24 Mar 2015, 10:08 pm
Pension funds that invested in Omicare’s public offering brought suit against Omnicare, arguing that its statements of belief about legal compliance: were untrue statements of material fact, in light of the federal government actions demonstrating the practices were not in fact compliant with law; and omitted to state material facts necessary to make the statements not misleading, as there were no “reasonable grounds” for thinking that the opinions were… [read post]
24 Mar 2015, 11:47 am
Industry Pension Fund, No. 14-435, slip op. at 6 (U.S. [read post]
24 Mar 2015, 9:32 am
Based on the NYPD reports, the Police Pension Fund's Board of Trustees remanded DR's disability application to the Medical Board for reconsideration. [read post]
24 Mar 2015, 3:35 am
On March 11, 2015, we posted a blog wherein Senator Sweeney stated that Governor Christie needed to change his tactics at the bargaining table regarding pension reform and if he instead concentrated on “growing” New Jersey’s economy, additional tax revenue would be created that would result in more money to fund the Public Employees’ Pension System. [read post]
23 Mar 2015, 12:59 pm
“In prior budgets we’ve been told there’s not enough money to fund something within a few months of the budget ending. [read post]
20 Mar 2015, 11:17 am
Interestingly, the alleged fraud in this case was not against New York directly, but against public entities such as state pension funds and colleges that relied on BNYM to invest their income. [read post]
19 Mar 2015, 7:38 am
If, however, a permanently disabled firefighter is granted an accidental disability retirement allowance pursuant to Retirement and Social Security Law §363, a performance of duty disability retirement allowance pursuant to Retirement and Social Security Law §363-c, or a "similar accidental disability pension provided by the pension fund of which he [or she] is a member," the municipality is obligated to pay "the difference between the amounts… [read post]
