Sentences with phrase «for public pensions»
Private equity is a bright spot in an otherwise troubled landscape for public pensions.
cnbc.com
The median rate of return for a public pension fund is 7.75 percent, according to the National Association of State Retirement Administrators.
Following his conviction on federal corruption charges, former Senate Majority Leader Dean Skelos apparently will qualify for a public pension of up to $ 95,590 a year.
Following his conviction on federal corruption charges, former Senator Dean Skelos apparently will qualify for a public pension of up to $ 95,590 a year.
This week's announcement generated a new round of complaints about the ORPP, but it's important not to let problems with the ORPP undermine the strong general case for public pension expansion.
This week's announcement generated a new round of complaints about the ORPP, but it's important not to let problems with the ORPP undermine the strong general case for public pension expansion.
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 %.
Currently, Fairview manages several mandates that include a focus on woman and minority - owned firms for public pension plans across the country.
«Time and again private equity has proven that it's the single best asset class for public pensions, by delivering superior returns over long time horizons,» Steve Judge, president and CEO of the PEGCC, said in a statement.
Such analysis is especially important, given the impact of an ageing population on economic growth, and government revenues and spending, especially for public pensions and health care.
They affect government spending through increased outlays for public pensions, health, and care for the aged.
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.
«As taxpayer costs for public pensions continue to skyrocket, the Appellate Division is reversing decades of precedent by saying that taxpayers have no right to know who is collecting pension benefits.»
Shockingly, no public official has standing to recover losses for the public pension funds, which now have a combined $ 250 billion in assets.
CSBA Legislative Advocate Brian Rivas noted in a letter to the Assembly Appropriations Committee last month noted the bill would help charter schools maintain their eligibility for public pension plans and ensure they operate openly.
The Public Funds Summit is an annual event that offers a unique opportunity for public pension fund officials to exchange ideas and learn from other members as well as professional money managers and industry experts.
Convicted, former sen Skelos apparently will qualify for a public pension of up to $ 95,590 a year.