Investor's Business Daily

Pensions Leaving Workers Behind By Focusing On Messaging, Politics
Investor's Business Daily
CII reports a membership of over 125 public, union and corporate employee benefit plans, endowments and foundations, including the California Public Employees' Retirement System (CalPERS), with total combined assets exceeding $3 trillion. Each of these ...

Posted on Tue, 12 Sep 2017 20:48:18 GMT

Pensions & Investments

Puerto Rico governor signs pension reform law
Pensions & Investments
Puerto Rico has passed pension reforms that include making payments to the depleted defined benefit system from general revenues, and creating a defined contribution plan for active workers and new hires. ... "Second, enroll both active employees and ...

Posted on Fri, 25 Aug 2017 20:23:05 GMT

Insider Louisville

Consultant recommends dramatic changes to pension benefits for public workers; Bevin makes case on Facebook
Insider Louisville
A consulting group contracted by the state recommended drastic changes to the pension benefits of current and future public workers in Kentucky on Monday, saying that these tough choices are needed to save the state's troubled public pension plans from ...

and more »
Posted on Tue, 29 Aug 2017 18:31:06 GMT

City Journal

Bill de Blasio's Budget Blowout
City Journal
Of the city's spending this year, 54 percent—nearly $47 billion—will go toward salaries, wages, pensions, and other employee benefits. Under Bloomberg, though, the bulk of the city's extra spending on personnel went toward what the former mayor often ...

and more »
Posted on Tue, 12 Sep 2017 20:43:02 GMT

Pensions & Investments

Rollins Inc. 401(k) participant sues Morningstar, Prudential over alleged RICO violations
Pensions & Investments
The complaint said Morningstar and Prudential violated the Racketeer Influenced and Corrupt? Organization Act by engaging in a "conspiracy" to increase revenue and profits "from their self-interested administration" of GoalMaker, an "automated ...

Posted on Wed, 30 Aug 2017 19:46:51 GMT