Sentences with phrase «big public pension»

I was reminded of this by a report that the League of California Cities wanted the state's big public pension fund, CalPERS, to boost investment returns.

I have a defined benefit pension with a big public pension fund.

I have a good friend / colleague who works at big public pension fund.

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.

Canada's second - biggest public pension fund and the French private equity investor are set to acquire the stake from French Sagard Private Equity Partners.

He did a «stress test» study with the data available to him on all big public pensions.

Not exact matches

Wiseman cautioned that the CPPIB — despite its large size in Canadian terms — competes against much bigger investors in the global market such as private equity funds, sovereign wealth funds and other public pension plans that are also on the hunt for similar types of investments.

As the private deals get too big for VCs to underwrite on their own, some public money is making its way into them, through direct investments from mutual funds like Fidelity, Janus, and T. Rowe Price, and indirectly via pension - backed hedge funds and private equity.

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.

Big - name public pension funds from California to New York City have said they are bailing out completely.

Hewitt Cattle Australia, backed by one of Canada's biggest pension funds, the Public Sector Pension Investment Board, has snapped up a 15 per cent stake in Australia's leading organic beef company Arcadian Organic & Naturapension funds, the Public Sector Pension Investment Board, has snapped up a 15 per cent stake in Australia's leading organic beef company Arcadian Organic & NaturaPension Investment Board, has snapped up a 15 per cent stake in Australia's leading organic beef company Arcadian Organic & Natural Meat.

The warning came in a report by the Commons» influential public accounts committee which attacks the Department for Work and Pensions (DWP) for not doing enough to detect evidence of fraud at A4e, one of the biggest firms it has paid to implement welfare - to - work schemes.

Senator Savino, a former high ranking union official, says municipal union leaders in New York City have not yet been adequately briefed on a policy that would represent a big change for public pensions.

And he's convinced that Miliband will find it hard to unveil a credible set of alternatives to big - ticket items like public sector pension changes, NHS reform, new schools and other shake - ups.

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.

Off the top of my head the biggest ones are: (1) corruption within the Buildings & Grounds Department (2) corruption involving school district vendors over-billing and paying bribes and kickbacks that led to those two Federal indictments and convictions; (3) corruption involving police harassment of a woman on behalf of the manager of a local beach club; (4) a child rapist operating out of a public middle school; (5) an illegal gambling and pornography web site operated by members of the New Rochelle Police Department; (6) a retired police officer defrauding charities including St. Jude's Children's Research; (7) illegal asbestos handling and asbestos removal at an elementary school; (8) an effort to artificially inflate the salaries and pensions of senior police commanders; (9) the relationship between the New Rochelle Police Commissioner and a corrupt contractor, a man who has since been convicted on Federal corruption charges; (10) the sordid history of former New Rochelle Schools Administrator Freddie Dean Smith.

«Isn't this part of a much bigger issue which is there is growing anger in what she calls the court of public opinion not just about the pension and renumeration of what are now public sector employees but about other public sector fat cats including senior civil servants and dare I say it ministers about their very lavish and generous pension?»

«Lord Hutton's final report is a big step forward towards making public sector pensions affordable and sustainable in the long - term.

Cuomo already netted one big scalp in his ongoing pay - to - play pension fund probe this month when former state Comptroller Alan Hevesi pleaded guilty to a felony charge of public corruption (his second since 2007).

New York City's biggest public employee pension fund is poised to vote today to begin pulling its investments from hedge funds, the latest move by a large pension plan to scrap an investment path that once promised big returns.

But it is a strange idea of fairness to argue that because private sector staff have seen big cuts in their pensions, then so must the public sector.

The resulting Committee to Save New York rapidly became the state's biggest single lobbyist, raising and spending at least $ 15 million and running TV and radio ads that backed Cuomo's (ultimately successful) proposals for capping local property taxes and reducing the cost of public - employee pensions.

Opponents fear big spenders would push to strip some public pension protections, roll back the rights of immigrants, compromise environmental safeguards and try to cut education spending.

ALBANY, N.Y. — Even as he tries to drum up support for his budget proposal, Gov. Andrew Cuomo said his next big project will be to reform public pensions working with New York City Mayor Michael Bloomberg.

He identified a number of reforms that the Assembly would advance, including closing the LLC campaign finance loophole, limiting the influence of big money in politics, and allowing for the pension forfeiture of corrupt public officials.

State officials have taken a big step in the fight against public corruption, as the Legislature has approved a proposal to enact a constitutional amendment that would strip taxpayer - funded pensions from state and local leaders who commit felonies in connection with their office.

The report, issued late last month, noted that the state's two biggest pensions - the California Public Employees» Retirement System and California State Teachers» Retirement System - fell below the national average in all three categories.

Indeed, the percentage of pension - plan assets invested in stocks dropped from 60 percent to 55 percent during 2007, representing a shift of almost $ 60 billion worth of plan assets from equities into fixed - income and other investments, according to the firm's study of the 100 U.S. public companies with the biggest defined - benefit pension assets whose 2007 annual report was released by March 15, 2008.

As the UK's biggest public service department it administers the State Pension and a range of working age, disability and ill health benefits to around 18 million claimants and customers.

P.S. - public union pensions are the single biggest screw job to taxpayers in the country.