Public pension plans
News and video about Public pension plans from Pensions & Investments
Arizona Public Safety fund needs to change valuation on Desert Troon portfolio — auditor general
trueArizona Public Safety Personnel Retirement System, Phoenix, needs to change its method of valuing its portfolio with real estate manager Desert Troon Cos. to reflect market assumptions, a report by the Arizona auditor general concludes.
American Federation of Teachers challenges Glenview Capital's involvement in merger
trueThe American Federation of Teachers is using the clout it derives from $1.08 trillion in members' pension assets to question Glenview Capital Management's role in a proposed merger that would create the largest hospital provider.
Arkansas Local Police and Fire splits $60 million among 3 managers
trueArkansas Local Police and Fire Retirement System committed $20 million to a private debt strategy managed by Neuberger Berman.
Illinois SURS on lookout for compensation consultant
trueIllinois State Universities Retirement System issued an RFP for consulting firms to provide a comprehensive compensation study of its 120 staff positions.
Pennsylvania Municipal wants value equity manager
truePennsylvania Municipal Retirement System is searching for an active domestic large-cap value equity manager to run $160 million.
Alaska governor proposes $3 billion contribution to 2 state pension funds
trueAlaska Gov. Sean Parnell proposed a $3 billion contribution to the state's two largest pension funds as part of his fiscal year 2015 budget plan, released Thursday.
Texas Employees' returns top benchmarks for multiple periods
trueTexas Employees Retirement System produced benchmark-topping returns for all periods ended Sept. 30.
Overland Park fire and police pension funds seek bond, real estate managers
trueOverland Park (Kan.) fire and police department retirement plans are searching for total-return fixed-income and real estate managers.
Iowa PERS scouting for investment consultant
trueIowa Public Employees' Retirement System on Friday issued an RFP for a general investment consultant.
GPIF needs to sell bonds now, advisory panel chief says
trueJapan's Government Pension Investment Fund, Tokyo, needs to cut local debt holdings now because the government will follow an advisory panel's recommendation that the fund seek higher returns, the panel's head said.
Illinois Teachers doubles Grosvenor account, makes other changes
trueIllinois Teachers' Retirement System, Springfield, has more than doubled the hedge fund-of-funds assets managed by Grosvenor Capital Management to $998 million and terminated K2 Advisors.
Illinois Teachers studying strategic partnerships with 3 firms
trueIllinois Teachers' Retirement System is researching strategic partnerships and might present hiring recommendations to the board of the $40.8 billion pension fund at its next meeting, Feb. 19-21.
Austin Police Retirement System collars 2 for middle-market debt
trueAustin (Texas) Police Retirement System committed $30 million total to two middle-market debt funds, confirmed CEO Sampson Jordan.
Lincoln Police & Fire tap Watershed as consultant
trueLincoln (Neb.) Police & Fire Pension Fund hired Watershed Investment Consultants as investment consultant, pending City Council approval.
Cook County Annuity & Benefit Fund picks 2 for international equities
trueCook County Annuity & Benefit Fund's board on Thursday hired two firms to manage $50 million and $25 million, respectively, in active international equities.