Search for: "THE EMPLOYEES RETIREMENT SYSTEM OF THE COMMONWEALTH OF PUERTO RICO"
Results 1 - 18
of 18
Sorted by Relevance
|
Sort by Date
3 Aug 2015, 7:50 am
More information regarding the investigations and arbitration is here.UBS has been settling the cases with its customers who are making allegations of unsuitable investments; breach of contract and fiduciary duty; negligence; and failure to supervise , as well as violation of Section 10(b) of the Securities Exchange Act, Rule 10b-5 of the Securities Exchange Commission, NYSE and FINRA rules, and the securities laws and other laws and regulations of Puerto Rico; and violation… [read post]
17 Nov 2017, 11:59 am
” And this does not even take into consideration Puerto Rico’s $49 billion employee retirement system pension debt and obligation, which has not been funded. [read post]
5 Feb 2019, 5:55 pm
The First Circuit Court of Appeals has reversed a district court ruling from the lower court over whether bondholders of nearly $3 billion of debt issued by Puerto Rico’s Employees Retirement System (ERS) have a claim on the pension fund’s assets. [read post]
13 Apr 2017, 5:55 am
In addition, many Commonwealth instrumentalities (including the University of Puerto Rico (UPR), the GDB, the Employees Retirement System, and even the Highways and Transportation Authority), depend in whole or in part on appropriations from the Commonwealth which would necessarily have to be agreed as part of the fiscal plan approved as part of the stage-one restructuring. [read post]
15 Mar 2017, 8:45 am
Overall, government retirement systems will now operate as a “paygo” defined contribution systems. [read post]
26 Aug 2018, 6:11 am
Most analysts in Puerto Rico viewed this technicality as a lucky break for the Commonwealth, though the decision could still be appealed to the U.S. [read post]
24 May 2017, 3:59 am
Current participants of the retirement systems, including active and retired employees, total 257,190 individuals. [read post]
13 Feb 2014, 7:57 am
It has also been reported that the overconcentration of assets in the securities of two Puerto Rico municipal issuers – The Employees Retirement System of the Government of the Commonwealth of Puerto Rico and its Instrumentalities, and the Puerto Rico Sales Tax Financing Corporation – represented the biggest component of the losses. [read post]
9 Aug 2014, 6:41 am
According to the complaint, UBS encouraged a 26 year-old unemployed single mother to invest her life savings in just three Puerto Rico municipal bonds—Puerto Rico Employees Retirement System Bonds (ERS Bond), Puerto Rico Commonwealth Public Buildings Authority Bonds (Commonwealth Bond), and Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control… [read post]
13 Aug 2017, 6:00 am
In 2002, PRASA entered into a 10-year service contract with an affiliate of French conglomerate Suez for the operation and management of the Puerto Rico water and wastewater system. [read post]
27 Aug 2020, 1:16 pm
Financial Oversight and Management Board for Puerto Rico 20-126Issue: Whether the Employees Retirement System of the Government of the Commonwealth of Puerto Rico’s entitlement to future payments from statutorily mandated employer contributions to ERS’ pension system, though not fixed and calculable at the time of bankruptcy, is “property,” and the subsequent payments “proceeds,”… [read post]
12 Sep 2022, 9:00 pm
This is not to say that the entirety of Massachusetts’ tax system is fixed. [read post]
24 Jan 2022, 8:38 am
The panel will discuss policies for economic recovery, Africa’s public health systems, empowering African women and girls, addressing the impacts of climate change, harnessing technology for improved livelihoods and exploring partnerships with emerging global players. [read post]
18 Jan 2022, 9:05 am
Event Announcements Wednesday, Jan. 19, 2022, at 10:00 a.m.: The Governance Studies Program at the Brookings Institution will host a webinar that will feature a panel discussion examining President Biden’s performance during his first year in office and what can be expected in his State of the Union speech to Congress. [read post]
2 Oct 2019, 10:21 am
Petitioner Bostock worked for the Clayton County Juvenile Court System as a child welfare services coordinator. [read post]
25 Dec 2018, 3:00 am
The Center now has some 80 lawyers and non-lawyer advisors distributed across 27 states, but expects eventually to have representatives in all 50 states plus the nation’s offshore possessions, such as the Commonwealth of Puerto Rico, the Commonwealth of the Northern Mariana Islands, American Samoa, and the U.S. [read post]
26 May 2023, 4:00 am
National/Federal Chief Justice John Roberts Defends Supreme Court’s ‘Highest Standards of Conduct,’ Offers No New Rules ABC News – Devin Dwyer | Published: 5/24/2023 Chief Justice John Roberts defended the integrity of the Supreme Court in the face of slumping public approval and growing political pressure after a recent barrage of misconduct allegations. [read post]
18 Mar 2010, 2:47 pm
University of Puerto Rico, 445 F.3d 50, 55 (1st Cir. 2006) (refusing to “credit bald assertions, unsupportable conclusions, periphrastic circumlocutions, and the like”); Eastern Food Services, Inc. v. [read post]
