Public DC plans
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Illinois State Board of Investment seeks small-cap option for 457 plan
trueIllinois State Board of Investment is searching for an active domestic small-cap growth equity manager for the state’s $4.1 billion deferred compensation plan.
Precision, flexibility vital for DC plans, say speakers at P&I conference
trueDefined contribution executives need to be both precise and flexible in the managing of their plans, according to fellow sponsors, consultants and providers who spoke at the annual Pensions & Investments West Coast Defined Contribution Conference, held Oct. 26-28 in San Diego.
Ohio Bureau of Workers' Compensation gives $3 billion to 4 bond managers
trueOhio Bureau of Workers' Compensation hired J.P. Morgan Asset Management, Loomis Sayles & Co., Prudential Financial and TCW Group to run about $725 million each in active domestic core-plus fixed income for the $24 billion state insurance fund.
5 winners named in P&I's Innovator Awards
trueFive winners of the third annual Innovator Awards were announced Monday by P&I and DCIIA.
San Francisco deferred comp plan manager resigns
trueJulia Durand has resigned as deferred compensation plan manager for the San Francisco City & County Employees' Retirement System.
Denver Water looking for consultant for 2 DC plans
trueCity and County of Denver is searching for an investment consultant for Denver Water's 401(k) and 457 plans.
San Diego State University Research Foundation revamps DC lineup
trueSan Diego State University Research Foundation is making changes to the investment lineup of its $147.3 million 403(b) plan.
San Francisco Deferred Comp approves replacing PIMCO with Baird
trueSan Francisco Deferred Compensation Plan approved replacing the PIMCO Total Return Fund in light of the resignation of manager William H. Gross.
Phoenix Employees sticks with record keeper, stable value manager
truePhoenix Employees’ Deferred Compensation Board recommended rehiring Nationwide Financial as record keeper and Morley Fund Management as stable value fund manager for the two defined contribution plans it oversees.
Oregon Investment Council sets $2 billion for Dimensional
trueOregon Investment Council which runs the $68.2 billion Oregon Public Employees Retirement Fund, invested $2 billion with Dimensional Fund Advisors for a domestic large-cap core equity allocation.
Saskatchewan agency looking for firm to provide daily valuation of DC options
trueSaskatchewan Public Employees Benefits Agency issued an RFP for a firm to review the daily unit valuation of investment options in the province's public defined contribution plan, the C$6.5 billion (US$5.9 billion) Saskatchewan Public Employees' Pension Plan.
Illinois SURS eyes RFP for 401(a) investment providers in spring
truellinois State Universities Retirement System plans to issue an RFP in the spring for investment providers for its $1.5 billion participant-directed 401(a) defined contribution assets.
Minnesota College Savings Plan boosts investment options
trueMinnesota College Savings Plan added seven investment options, all managed by TIAA-CREF.
Chicago water district swaps 457 providers
trueChicago Metropolitan Water Reclamation District hired Prudential Retirement as bundled provider for its $196 million 457 deferred compensation plan.
New Mexico Deferred Comp swaps equity funds
trueNew Mexico Public Employees Retirement Association made changes to the investment lineup of the $485 million State of New Mexico Deferred Compensation Plan.