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14 Mar 2015, 5:37 am
DiNapoli announced Tuesday that New Yorkers can now trace state spending back to the funding source or program on openbooknewyork.com, an easy-to-use search tool for the public to see how their tax dollars are being spent. [read post]
11 Mar 2015, 3:27 am
As reported earlier this week there have been a myriad of law suits filed by Public Employee Labor Unions in an effort to force Christie to live up to his obligation of funding the State Pension system. [read post]
6 Mar 2015, 5:09 am
“Any failure to fund the pension trust has a ripple effect into the future. [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]
3 Mar 2015, 1:09 pm
Started at Miami-Dade Public Defenders’s office. [read post]
2 Mar 2015, 5:03 pm
How interesting–another proposed promise to fund the pension system from Governor Christie. [read post]
26 Feb 2015, 4:01 pm
” “Going forward, making the full pension contribution would incrementally improve the pension funding position, but would significantly increase budget pressure by reducing the state’s ability to fund other programs and potentially challenge the state’s liquidity,” Moody’s said. [read post]
25 Feb 2015, 4:12 am
The state’s health care savings would be recycled into closing the gap in pension funding. [read post]
24 Feb 2015, 11:54 am
Experience of community care and public law will be an advantage. [read post]
24 Feb 2015, 4:16 am
Superior Court Judge Mary Jacobson sides with a group of public worker unions that sued to stop Christie from slashing an annual payment to New Jersey’s retirement fund for hundreds of thousands of government workers. [read post]
23 Feb 2015, 12:56 pm
Increase knowledge base and resourcing within pension funds. [read post]
17 Feb 2015, 10:35 pm
As of the Public Employees Pension Laws Commission Report of 1969, the five State pension systems had an aggregate funding rate of only 41.8%. [read post]
17 Feb 2015, 12:00 am
The post What Is the Funding Status of Your Personal Pension? [read post]
16 Feb 2015, 4:21 am
Over the past fifteen years, there has been a steady progression of corporate scandals, from Enron to options backdating to the excesses that led to the global financial crisis. [read post]
14 Feb 2015, 11:06 am
DiNapoli Announces $1.2 Billion in New Commitments to State Pension Fund’s Emerging Manager Program New York State Comptroller Thomas P. [read post]
11 Feb 2015, 5:00 am
Like Delegate Green, she argued that New York had adopted a similar provision in 1938, and public employees’ pension programs had been funded without bankrupting the state. [read post]
10 Feb 2015, 12:00 pm
The lawsuit also notes that in fiscal year 2015, general fund pension costs total more than $7.5 billion, which consume 24% of the states general revenues. [read post]
10 Feb 2015, 5:00 am
Although there were several reasons for the 1970 Illinois Constitutional Convention, public pensions became a major subject of discussion in the weeks before the delegates gathered. [read post]
9 Feb 2015, 5:00 am
Consolidated Police Pension Fund Commission, 197 A.2d 169 (N.J. 1964). [read post]
6 Feb 2015, 10:59 am
Whereas cash pools’ problem is the structural shortage of safe, short-term, public assets (a shortage of public money), real money investors’ problem is structural asset-liability mismatches driven by the secular decline of yields on safe, long-term, public assets relative to “sticky” return targets/expectations. [read post]
