Sentences with phrase «local public pension funds»

E.J. McMahon: «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 (NYSTRS).»

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 (NYSTRS).

Not exact matches

Given Osiris's strong five - year record of growth and profitability, Bowers was able to help make Miller's wishes come true: he structured a deal that raised $ 13 million from a large local pension fund — the Pennsylvania Public School Employees Retirement System (see «What Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividendpension fund — the Pennsylvania Public School Employees Retirement System (see «What Pension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividendPension Funds Want,» [Article link]-RRB--- by selling a package of subordinated debt and convertible preferred stock, which included a fixed interest rate and dividend yield.

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 %.

«To ensure public shareholders are not disadvantaged, any takeover bid would need to be put to a shareholder vote and any recommendation by the board would have to be based on an appropriate premium as well as safeguards for future probity given past track records of the businesses controlled by the Murdoch family», said Kieran Quinn, chairman of Britain's Local Authority Pension Fund Forum (LAPFF).

They include one of Canada's largest pension funds, the Public Sector Pension Investment Board, which has snapped up close to $ 100 million worth of cattle stations in the past year through local company Hewitt Cattle Auspension funds, the Public Sector Pension Investment Board, which has snapped up close to $ 100 million worth of cattle stations in the past year through local company Hewitt Cattle AusPension Investment Board, which has snapped up close to $ 100 million worth of cattle stations in the past year through local company Hewitt Cattle Australia.

· Allowing counties an option to modify how they fund state mandated pension contributions · Providing counties more audit authority in the special education preschool program · Improving government efficiency and streamlining state and local legislative operations by removing the need for counties to pursue home rule legislative requests every two years with the state legislature in order to extend current local sales tax authority · Reducing administrative and reporting requirements for counties under Article 6 public health programs · Reforming the Workers Compensation system · Renewing Binding Arbitration, which is scheduled to sunset in June 2013, with a new definition of «ability to pay» for municipalities under fiscal distress, making it subject to the property tax cap (does not apply to NYC) where «ability to pay» will be defined as no more than 2 percent growth in the contract.

Similarly, the amount state and local governments will have to pay into the state's main pension fund for other public employees would double to nearly $ 4 billion — even if most localities opt into a borrowing scheme approved this year by lawmakers to soften the blow.

Dozens of workshops covered a range of issues, including the impact of the State budget on counties, pension funding, renewable energy, local Medicaid costs, public safety, budgeting, pre-school special education reforms, shared services, and local leadership.

The fund pays for pensions of both state workers and local public sector employees.

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.

This legislation will help ensure that the public pension funds can recoup damages and alleviate state and local government pension costs.

A group of active and retired Chicago city employees and four unions that represent them — AFSCME Council 31, the Chicago Teachers Union, the Illinois Nurses Associations and Teamsters Local 700 — filed suit today in Cook County Circuit Court to overturn Senate Bill 1922 (Public Act 98 - 0641), legislation to sharply reduce pension benefits for city workers and retirees who participate in the Municipal Employees Annuity and Benefit Fund (MEABF).

She has acted for a variety of private and public sector clients including local authorities, developers, hotel operators, retailers, educational institutions, pension funds, investors and not - for - profit organisations.

With pension funds dwindling, the Public Pension Project — created by the Urban Institute's Program on Retirement Policy and State and Local Finance Initiative — is working toward reform by examining current public pension trends and activity throughout thpension funds dwindling, the Public Pension Project — created by the Urban Institute's Program on Retirement Policy and State and Local Finance Initiative — is working toward reform by examining current public pension trends and activity throughout thePublic Pension Project — created by the Urban Institute's Program on Retirement Policy and State and Local Finance Initiative — is working toward reform by examining current public pension trends and activity throughout thPension Project — created by the Urban Institute's Program on Retirement Policy and State and Local Finance Initiative — is working toward reform by examining current public pension trends and activity throughout thepublic pension trends and activity throughout thpension trends and activity throughout the U.S..