Sentences with phrase «states public pension»

California Treasurer Phil Angelides wants his states public pension funds to push for accurate corporate environmental accounting.

The city's four biggest funds, including those for teachers, firefighters and cops, lagged their peers in a Post analysis of the 50 «most active» city and state public pension private equity investors.

AUSTIN, Texas — Campus Advantage, a leader in student housing, today announced the acquisition of Eagles Reserve in Auburn, Ala., as the 10th and final acquisition of a joint venture with a major state public pension fund.

Not exact matches

Public pension funds are required by the states in which they are domiciled to report on their PE holdings.

Over the past few years, public pensions including California Public Employee's Retirement System (CalPERs) and California State Teacher's Retirement System (Calstrs)-- the largest in the country by assets — have posting mediocre returns due to low interest rates and growing retirement obligapublic pensions including California Public Employee's Retirement System (CalPERs) and California State Teacher's Retirement System (Calstrs)-- the largest in the country by assets — have posting mediocre returns due to low interest rates and growing retirement obligaPublic Employee's Retirement System (CalPERs) and California State Teacher's Retirement System (Calstrs)-- the largest in the country by assets — have posting mediocre returns due to low interest rates and growing retirement obligations.

The New York State Common Retirement Fund, which is the third - biggest public pension fund in the U.S., cut its target last month from 7.5 percent to 7 percent.

Other top pension PE players over the same period were the Teacher Retirement System of Texas (15.5 percent); the Houston Firefighters» Relief and Retirement Fund (13.6 percent); the Minnesota State Board of Investment (14.4 percent); and the Iowa Public Employees» Retirement System (14.1 percent).

State and local employees» contributions to the two largest pension systems increased by 10 %, from 5 % to 5.5 % of their annual salaries and increased the retirement benefit age for new public employees, from 55 to 60 years.

In short, because they pool longevity risk, can offer a well - diversified portfolio with longer - term investments, and are professionally managed, public pension funds deliver the same level of benefits as DC plans at only 46 percent of the cost.15 Any funds invested with the state pension fund would be kept in a separate investment pool from public sector funds.

Anne Sheehan is the Director of Corporate Governance for the California State Teachers» Retirement System (CalSTRS), the largest teacher's public pension fund in the USA, where she is responsible for overseeing all corporate governance activities for the fund including proxy voting, company engagements and managing $ 4 billion placed with activists managers and sustainability managers.

Public Plans Data Individual and aggregated data on 150 state and local pension plans.

A number of public pension funds, like those in the state of Connecticut, have discussed the prospect of selling their shares.

On hand will be several of our Sector Leads and analysts to review and discuss S&P Global's research related to credit pressures facing U.S. states and local governments, with a focus on pension issues and emerging risks / trends in public finance.

In Kentucky, where the public pension fund is on the verge of collapse, teachers are demanding a State bailout.

Or the state could turn its sizable pension fund into a self - sustaining public bank.

South Carolina state government salary South Carolina Salaries Total state spending: $ 21.4 billion (2014 estimate) South Carolina Budget and Finances South Carolina Public Pensions More Information: Other State Salaries Public Employee Salaries Public Pensiostate government salary South Carolina Salaries Total state spending: $ 21.4 billion (2014 estimate) South Carolina Budget and Finances South Carolina Public Pensions More Information: Other State Salaries Public Employee Salaries Public Pensiostate spending: $ 21.4 billion (2014 estimate) South Carolina Budget and Finances South Carolina Public Pensions More Information: Other State Salaries Public Employee Salaries Public PensioState Salaries Public Employee Salaries Public Pensions...

The next phase of public pension reform will likely be touched off by a stock market decline that creates the real possibility of at least one state fund running out of cash within a couple of years.

And better yet, if the Fed can keep the pensions thinly solvent by pumping up the stock market, Congress and State Governments can defer the inevitable taxpayer bailout of public pension funds — for now.

The public awareness of the degree to which State pension funds are underfunded has risen considerably over the past year.

He concluded that, based on the current stated amount of underfunding at every big pension fund, if the Dow / SPX declined 10 % or more over a sustained period of time — where «sustained period» is defined as 3 - 4 month — every public pension fund in the country would collapse.

Important factors that may affect the Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits from its cost savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.

New accounting rules are likely to show that public pension plans could face hundreds of billions of dollars in additional liabilities, putting new pressure on state and local governments to act.

According to the Center for Retirement Research at Boston Collage, US public pension funds at the state and local level are also underfunded by an average of 67.9 %.

Glass Lewis provides proxy research and recommendation services to eight of the ten largest public pension funds * in the United States and to some of the largest public pension funds in Europe, the United Kingdom and Canada.

DEBT Pension Deficits: While Private plans have an estimated deficit of just $ 465 billion, Public plans of local, state and the federal government in the US are estimated to have something like $ 1.6 trillion!

If we look at the past, the National Association of State Retirement Administrators has stated that, over the last 10 years, the return for public pension funds has been 5.7 %.

Cities and states will preserve their credit ratings by annulling their pension obligations to public - sector workers, and raising excise and sales taxes — but not property taxes.

In our white paper, Negative Net Cash Flow: Red Flag or Red Herring, we discuss how negative net cash flow is affecting public pensions in the United States.

We are challenging the Secretary of State for Work and Pensions» decision to change the basis on which certain public sector pension benefits, including teachers» pensions, are up - rated from the Retail Prices Index (RPI) to the Consumer Prices IndePensions» decision to change the basis on which certain public sector pension benefits, including teachers» pensions, are up - rated from the Retail Prices Index (RPI) to the Consumer Prices Indepensions, are up - rated from the Retail Prices Index (RPI) to the Consumer Prices Index (CPI).

And, if so, how does she explain that to the public, particularly New York State pension fund holders?

IM, lol you're going to leave the state with your public pension (heavily invested in tobacco all through your years of service, btw).

The point of public pension reform is to reduce the risk for New York taxpayers, who — in addition to their own financial concerns — now stand behind a constitutional guarantee of defined - benefit pensions for all current and future state and local government retirees.

«My first job as state comptroller is to protect the one million members, and the rest of New York State taxpayers, from the irresponsibility that has left New Jersey, Illinois, California and dozens of other public pension funds across the nation dangerously under - funded, DiNapoli state comptroller is to protect the one million members, and the rest of New York State taxpayers, from the irresponsibility that has left New Jersey, Illinois, California and dozens of other public pension funds across the nation dangerously under - funded, DiNapoli State taxpayers, from the irresponsibility that has left New Jersey, Illinois, California and dozens of other public pension funds across the nation dangerously under - funded, DiNapoli said.

The Department for Work and Pensions must halt its damaging cuts programme, the secretary of state for work and pensions Chris Grayling will be told on Wednesday (14) at a meeting with the Public and Commercial ServicePensions must halt its damaging cuts programme, the secretary of state for work and pensions Chris Grayling will be told on Wednesday (14) at a meeting with the Public and Commercial Servicepensions Chris Grayling will be told on Wednesday (14) at a meeting with the Public and Commercial Services union.

This article from the LA times states that just two public pensions, there are 130 of them, have approximately $ 120 billion in shortfalls, although those are probably the largest.

Connecticut State Treasurer Denise Nappier said the state is open to selling public pension funds» positions in firearm manufacturers if the companies don't take measures to curb gun use by dangerous peState Treasurer Denise Nappier said the state is open to selling public pension funds» positions in firearm manufacturers if the companies don't take measures to curb gun use by dangerous pestate is open to selling public pension funds» positions in firearm manufacturers if the companies don't take measures to curb gun use by dangerous people.

Cuomo did call for some things that will be unpopular with public employee unions (freezing pay, creating a Tier VI in the pension fund, reducing the size of state government — a move that will undoubtedly necessitate job cuts, but he makes no mention of that I can find in «The New NY Agenda: A Plan for Action»).

- 68 is too late is a campaign launched by three trade unions - PCS, Unite and the National Union of Teachers - to mobilise the public against plans which could see the finishing line for access to state pensions moved ever further forward.

This brief uses data from the Current Population Survey Annual Social and Economic Supplement5 to examine the importance of public pensions to black retirement security, and why the twin threats to public pensions — cuts to state pension benefits and the decline in public employment over the past two decades — particularly threaten the retirement security of African American workers.

Yesterday marked the end of a second straight sub-par fiscal year for most of the nation's state and local public pension funds, including all five New York City funds and the New York State Teachers» Retirement System (NYSstate and local public pension funds, including all five New York City funds and the New York State Teachers» Retirement System (NYSState Teachers» Retirement System (NYSTRS).

His background in public pensions would be an asset as the state's chief fiscal officer.

New York should lead all states toward more thorough and truthful public - pension accounting — linked to a more prudent funding method, as recommended by, among others, the Blue Ribbon Panel of the Society of Actuaries.

State Senate Democrats have reaped $ 85,000 in election - year campaign contributions from the state teachers union since they skipped last month's vote to cut pension benefits for new teachers and other public emploState Senate Democrats have reaped $ 85,000 in election - year campaign contributions from the state teachers union since they skipped last month's vote to cut pension benefits for new teachers and other public emplostate teachers union since they skipped last month's vote to cut pension benefits for new teachers and other public employees.

Tax - funded public - pension costs for every level of state government rose from absolutely minimal levels in 2000 to a grand total of more than $ 16 billion last year, half of it in New York City alone.

lawn signs statewide warning that public pension protections and workplace rights could be lost, according to state Board of Elections filings.

Albert Teichman, Chief Assistant to Rice in her former position as Nassau County District Attorney, was accused of double - dipping in the state's public employee pension program.

Meanwhile, things that could address systemic problems and save the city and state real money, including public pension reform, get shouldered off the road in favor of transient quick fixes like taxes on soda and cigarettes.

The fund, run by state Comptroller Thomas DiNapoli, is also heavily weighted to stocks — and, like all public pension funds, is allowed to calculate its funding needs based on accounting assumptions that would not pass muster in the private sector.

Among those myths is the notion — oft - repeated by DiNapoli — that public - pension funds are «long - term investors» that can stick with their assumptions through thick and thin, riding out the kind of market volatility that saw the state funds» return on assets veer from a 26 percent loss in 2009 to a 26 percent gain in 2010.

ALBANY, N.Y. (AP)- The New York state comptroller says the state's public pension fund is nearing $ 207 billion thanks to strong results from financial markets over the past year.