Public pension plans

News and video about Public pension plans from Pensions & Investments

  1. Lexington Contributory Retirement seeks senior direct lending manager

    trueLexington (Mass.) Contributory Retirement System is searching for a manager to run about $5 million in a senior direct lending portfolio.

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  1. Dallas Police & Fire splits administrator position, looking to fill 2 roles

    trueDallas Police & Fire Pension System decided to split the retirement administrator position into two roles — an executive director/CEO and chief investment officer.

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  2. Kansas City Police puts $45 million in Fidelity real-return fund

    trueKansas City (Mo.) Police Employees’ Retirement System invested $45 million in Fidelity Investments’ Strategic Real Return mutual fund.

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  3. Colorado high court upholds COLA reduction for state pension fund

    trueThe Colorado Supreme Court ruled Monday that the reduction to cost-of-living adjustments for Colorado Public Employees Retirement Association members approved under earlier legislation was constitutional, court documents show.

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  4. Chicago treasurer won't seek re-election, sits on 5 pension fund boards

    trueStephanie Neely, Chicago city treasurer, announced Monday she will not run for re-election in early 2015.

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  5. New Jersey Division of Investment selects deputy director

    trueCorey Amon was named deputy director of the New Jersey Division of Investment, the office in the state Treasury Department that manages investments for the $81.2 billion New Jersey Pension Fund, Trenton.

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  6. San Jose Police & Fire moves away from international small cap

    trueSan Jose (Calif.) Police & Fire Department Retirement Plan approved transferring $245 million to a different Northern Trust Asset Management passive strategy to reduce the plan’s exposure to international small-cap equity and increase exposure to international large-cap equity.

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  7. Houston Firefighters board awaits mayor's response on plan for new hires

    trueThe Houston Firefighters’ Relief and Retirement Fund is waiting on a response from Mayor Annise Parker about a counter proposal to her proposed plan to put future city firefighters in a new pension plan overseen by the city, said Todd E. Clark, board chairman.

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  8. LACERS preps asset-liability study

    trueLos Angeles City Employees’ Retirement System expects to launch an asset-liability study next winter, minutes of the Sept. 23 board meeting show.

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  9. CalPERS strips board vice president of title, censures another member

    truePriya Mathur, vice president of CalPERS' board, has been stripped of her title and other leadership positions for violating state financial reporting requirements. She remains on the board.

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  10. Florida SBA sells private equity stakes to Partners Group

    trueFlorida State Board of Administration, Tallahassee, sold its stakes in eight limited partnerships in which it invested a combined €314.8 million ($401.5 million) in European private equity, John Kuczwanski, FSBA communications manager, said in an e-mailed response to questions.

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  11. Detroit settlement with FGIC boosts debt plan's chances

    trueDetroit settled with one of its last major creditors, bond insurer Financial Guaranty Insurance Co., bringing the city closer to ending the biggest-ever U.S. municipal bankruptcy.

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  12. Fort Lauderdale Police & Fire axes PIMCO

    trueFort Lauderdale (Fla.) Police & Fire Retirement System terminated Pacific Investment Management Co. from a $37 million portfolio, said Frederick H. Nesbitt, director of public information.

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  13. Ohio State University appoints CIO from Ohio PERS

    trueJohn C. Lane was named vice president and chief investment officer at Ohio State University, Columbus, said Chris Davey, university spokesman.

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