Not-for-profit pension plans
News and video about Not-for-profit pension plans from Pensions & Investments
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Canadian Wheat Board offloads pension fund investment, longevity risk to Sun LifetrueCanadian Wheat Board, Winnipeg, Manitoba, purchased an annuity in a pension buy-in from Sun Life Assurance Co. of Canada.
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Illinois church pension plan picks Great-West as record keeper
trueChurch of the Brethren Pension Plan, Elgin, Ill., hired Great-West Retirement Services as record keeper, according to an announcement on the website of the Church of the Brethren Benefit Trust.
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Harris County Hospital District searching for investment consultant for 3 plans
trueHarris County Hospital District, Houston, is searching for an investment consultant for its pension plan and two defined contribution plans.
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Church pension plan status being tested by IRS, class-action lawsuits
trueThe IRS' long-term trend of allowing church-affiliated defined benefit pension plans to be exempt from federal pension rules could reverse course after an unusual decision by the agency and a flurry of lawsuits.
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2 CF Industries social proposals break record for support
trueTwo pension funds separately won record-high support for shareholder social proposals at any company. Both votes were for resolutions at CF Industries.
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Huntington Memorial Hospital chooses Fidelity as record keeper
trueHuntington Memorial Hospital hired Fidelity Investments as record keeper for its 403(b) plan.
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PBGC to take control of hospital pension plan
trueThe PBGC will cover the pension benefits of nearly 800 former employees of the Hospital Center at Orange, after a change in legal status.
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2 investors file proposal to separate chairman, CEO roles at News Corp.trueChristian Brothers Investment Service and the C$96.7 billion (US$97.5 billion) British Columbia Investment Management Corp., Victoria, filed a joint shareholder proposal calling for establishment of an independent chairman of News Corp.'s board of directors.
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Girl Scouts ask Congress for a do-over on pension plan exemption
truePension funding relief is supposed to help defined benefit plan sponsors, but for the Girl Scouts of the USA, it has turned into a case of “be careful what you wish for.”
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Methodist General Board investment team recruits alts executive
trueAmy Bulger joined the Wespath Investment Management division of the $18.1 billion General Board of Pension and Health Benefits of The United Methodist Church, Glenview, Ill., as manager of alternative investments.
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John Williams to lend hand to shore up musicians' pension fundtrueFive-time Academy Award-winning composer John Williams will conduct the Baltimore Symphony Orchestra to help shore up the musicians' pension fund.
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Hartford HealthCare chooses 1st private equity manager
trueHartford HealthCare committed $65 million to Neuberger Berman Secondary Opportunities III, the first private equity commitment for the $1.8 billion pension and endowment fund.
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Hartford HealthCare eyes 6% private equity allocation
trueHartford HealthCare Systems plans to add a 6% allocation to private equity for its $1.8 billion in pension and endowment assets.
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Adventist hires for taxable munis
trueAdventist Health System hired Performance Trust Investment Advisors to run $200 million in taxable municipal fixed income for its $4 billion general account portfolio.
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Wilshire TUCS: Master trusts gain in Q3, 12 months ended Sept. 30
trueMaster trusts in the Wilshire Trust Universe Comparison Service had a median 4.49% return in the third quarter and 16.18% for the year ended Sept. 30.
