Public pension plans
News and video about Public pension plans from Pensions & Investments
Census Bureau: Public pension fund assets inch up in fourth quarter
trueThe 100 largest U.S. public employee retirement systems had $3.337 trillion in assets as of Dec. 31, 0.2% more than the $3.3 trillion reported the previous quarter, said the U.S. Census Bureau’s Quarterly Survey of Public Pensions.
Wisconsin Investment Board seeks multiasset managing director
trueState of Wisconsin Investment Board, Madison, is seeking a managing director, multiasset, absolute return and overlay portfolios.
Texas Teachers returns 8.51% in 2014, slightly surpassing benchmark
trueTexas Teacher Retirement System returned 8.51% in 2014, outperforming its policy index by four basis points, said a performance report prepared by investment consultant Aon Hewitt Investment Consulting.
eBay revises governance guidelines for board diversity; pension funds withdraw proposal
trueNew York State Common Retirement Fund and Trillium Asset Management withdrew a shareholder proposal at eBay Inc., after the company agreed to revise its governance guidelines to include gender and racial diversity among qualities its seeks in its board directors.
Cocoa Firefighters' Pension Fund craves first real estate manager
trueCocoa (Fla.) Firefighters’ Pension Fund is searching for a real estate manager to run a $1.5 million portfolio.
Derbyshire County Council Pension Fund seeks real estate managers
trueDerbyshire County Council Pension Fund is searching for real estate investment managers to run an existing real estate allocation and to make further real estate investments.
Massachusetts treasurer proposes reforms to MassPRIM proxy-voting guidelines
trueMassachusetts Treasurer Deborah B. Goldberg proposed a series of reforms to the state's Pension Reserves Investment Management board's custom proxy-voting guidelines on Thursday.
Kansas House approves $1.5 billion in pension obligation bonds
trueThe Kansas House of Representatives voted Wednesday to issue $1.5 billion in pension obligation bonds for the Kansas Public Employees Retirement System, Topeka.
Ohio Police & Fire commits $100 million to 2 funds
trueOhio Police & Fire Pension Fund made two new commitments totaling up to $100 million.
Braintree Contributory searching for multisector fixed-income managers
trueBraintree (Mass.) Contributory Retirement System is seeking proposals from multisector fixed-income managers to run up to $17.3 million.
Kentucky pension obligation bond bill fizzles out as legislative session ends
trueA bill to help prop up the Kentucky Teachers' Retirement System with $3.3 billion in pension obligation bonds fell apart Wednesday after state lawmakers failed to sign off on the proposal before the legislative session ended.
New Jersey commits $250 million to 2 managers, will review pay-for-play rules
trueNew Jersey Division of Investment committed up to $250 million in oil and gas and real estate investment strategies.
Colorado PERA adopts new long-term asset allocation with more alternatives
trueColorado Public Employees' Retirement Association is boosting its long-term alternatives target allocation and reducing its global equity and fixed-income targets.
Utah Retirement Systems names new deputy CIO
trueJason Morrow was named deputy chief investment officer of the Utah Retirement Systems.
CalSTRS taps Parametric for $100 million overlay strategy
trueCalifornia State Teachers' Retirement System hired Parametric Portfolio Associates for a $100 million equity overlay strategy.