Public pension plans
News and video about Public pension plans from Pensions & Investments
CalPERS to release private equity carried interest data
trueCalPERS officials said Thursday that the fund for the first time will be reporting performance fees it pays to private equity firms, ending a mystery of just how costly it is for the nation's largest defined benefit plan to work with general partners.
PennPSERS seeks proxy-voting research firm
truePennsylvania Public School Employees’ Retirement System, Harrisburg, is searching for a proxy-voting research firm.
Options proposed for Chicago teachers pension fund payments
trueA series of proposals has been made to modify the way future payments are made to the Chicago Public School Teachers' Pension & Retirement Fund.
States wrestle with pension issues as new fiscal year starts
trueWednesday marks the first day of the new fiscal year for most states, including Illinois and Pennsylvania, where in spite of the date, 2016 fiscal year budgets have yet to be passed.
FSBA report finds gains correlated with proxy-voting decisions
trueFlorida State Board of Administration's proxy-voting decisions correlated with a 9.4% increase in cumulative returns based on the original value of holdings, adding $178 million in appreciation to its assets, according to a new study from the FSBA.
Environment Agency Pension Fund picks 4 ESG equity managers
trueEnvironment Agency Pension Fund, Bristol, England, hired Union Investment and Ownership Capital to run £90 million each in global ESG equity.
U.S. state pension funding map
trueSee a heat map of state pension funding levels with additional information.
It's time to bust the myth that assumptions drive pension costs
trueThere’s a lot of talk these days about public pension plans, the size of their unfunded liabilities and the level of their costs. It’s appropriate that policymakers and policy influencers focus their attention on, “What to do?”
Japan local government pension fund posts 11% fiscal year gain amid shift to risk assets
trueJapan’s Pension Fund Association for Local Government Officials reported an 11.3% gain to ¥21.1 trillion ($176 billion) for its fiscal year ended March 31, amid a steady shift in allocations to higher risk assets from Japanese government bonds.
New Bedford Contributory seeks all-cap value equity manager
trueNew Bedford (Mass.) Contributory Retirement System is searching for an active all-cap value equity manager to run about $35 million.
CalPERS taps Park Hill to sell $3 billion in real estate on secondary market
trueCalPERS hired Park Hill Group to assist in selling up to $3 billion of its $25.5 billion real estate portfolio on the secondary market.
Ontario Teachers acquiring oil and gas royalty business for C$3.3 billion
trueOntario Teachers’ Pension Plan, Toronto, on Tuesday announced it has agreed to acquire Heritage Royalty LP from Cenovus Energy for C$3.3 billion ($2.67 billion) in cash.
New Mexico Public Employees commits up to $120 million
trueNew Mexico Public Employees Retirement Association committed up to $120 million to two funds.
Massachusetts Water pension plan wants private energy manager
trueMassachusetts Water Resource Authority Employees' Retirement System is searching for a private energy fund manager, said an announcement on the website of investment consultant NEPC, which is assisting in the search.
China plans to allow endowment pension fund to invest in stock market
trueChina will allow its basic endowment pension fund to invest in stock markets, according to draft regulations posted on the Ministry of Finance's website.