Sentences with phrase «many public employee»

«It's salad days for KKR, Blackstone, Apollo,» says Jonathan Grabel, chief investment officer at Public Employees Retirement Association of New Mexico, referring to the trio of titans in the PE realm.

• Wylie Tollette, chief operating investment officer at the California Public Employees» Retirement System, is leaving for Franklin Templeton Investments in January.

Wisconsin is poised to strip collective bargaining rights from most of the state's 175,000 public employees in the boldest step by a new Republican governor and Legislature to solve budget problems by confronting organized labor.

The California Public Employees Retirement System, or Calpers, brought the lawsuit against Moody's and other rating agencies in 2009.

«I didn't cause the economic and financial problems caused by Wall Street, but now public employees like me have to suffer the consequences,» one labor leader says.

Companies are no longer allowed to sell pension advances to public employees in Missouri.

BlackRock and Neuberger Berman Group are among firms that California Public Employees» Retirement System, the largest U.S. pension fund, might look to partner with as it seeks help to manage its $ 40 billion private equity portfolio, people familiar with the matter said last month.

CalPERS, the California Public Employees» Retirement System, which voted in favor of the climate change proposal at Exxon's shareholder's meeting Wednesday, also released a statement.

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 obligations.

«It's not Goldilocks and the three bears,» wrote Canadian Union of Public Employees national research representative Keith Reynolds.

The California Public Employees» Retirement System is reportedly in talks to outsource its private equity business to BlackRock, a source said.

Some are just a convenient scapegoat by public employees unions that are seeing their benefits cut.

Some of that money has gone into coaching salaries — indeed, a few college football coaches are now the highest - paid public employees in their respective states.Yet none of those top earners are women.

He continued to use budget cuts and public employee layoffs to reduce the state's sizeable budget gap.

'' «We were screaming at the wall,» said Tom Susman, who headed the state's public employee insurance agency in the early 2000s and led the push to limit OxyContin prescribing in West Virginia.

The Republican - led Mississippi Senate voted 31 - 17 to pass House Bill 1523, otherwise known as the «religious liberty» bill, states that public employees, businesses, religious organizations and social workers will not face repercussions for denying services to people based on «sincerely held» religious beliefs.

Blackstone Capital Partners VI attracted some of the world's largest private - equity investors, including the California Public Employees» Retirement System and the Canada Pension Plan Investment Board, according to disclosures by the pension funds.

Resnick noted that Oregon's public employee pension fund lowered its assumed rate of return this summer from 7.75 percent to 7.5 percent.

The New York State Comptroller on behalf of the York State Common Retirement Fund and the Church of England, and the California Public Employees» Retirement System also backed the proposal.

But if it does drop that target, the California Public Employees» Retirement System will be only the latest pension fund to lower investment projections.

Still, one drawback may be the city's endemic financial woes; the state of Illinois is now grappling with $ 15 billion in unpaid bills, and as much as a quarter - trillion dollars is owed to public employees when they retire.

The Liberals are unlikely to make any final decision on drug testing until the Supreme Court of Canada rules on its legality in a case between Suncor and workers at its Alberta oil sands operation, said Troy Winters, senior health and safety officer with the Canadian Union of Public Employees.

The industry got a jolt recently when the California Public Employees Retirement System announced it was lowering its historic 7.5 percent expected rate of return in an effort to reduce volatility in its portfolio caused by reaching for risk.

But when it comes to the highest - paid public employees within each U.S. state, the search isn't made easy for watchdogs, even in an era of increasing transparency at the level of state government.

Williams said he has attempted to collect information about the highest - paid public employees in the past but has struggled to obtain the salaries of coaches at public universities as well as other higher - education administrators.

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).

Other huge allocators include the California State Teachers» Retirement System ($ 22.6 billion); the Washington State Department of Retirement Systems ($ 16.1 billion); the New York State and Local Retirement System ($ 14.9 billion); and the Oregon Public Employees Retirement System ($ 14.1 billion).

Today Ontario's «Sunshine List» was issued — the annual disclosure of Ontario public employees whose salaries are more than $ 100,000.

The biggest is the California Public Employees «Retirement System, with $ 34.2 billion invested.

Ridlington said states are moving in the right direction, but finding the highest - paid public employee won't become any easier soon.

There's variation across states in terms of who is considered a public employee and is required to disclose their salary, Shaw said.

It listed the University of South Carolina football coach, Will Muschamp, as the highest - paid public employee.

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.

Buffett also singles out pension funds run for public employees.

Thus, the California Public Employees» Retirement System's Global Principles of Accountable Corporate Governance recommends that a company's board should be chaired by an independent director, as does the Council of Institutional Investors.

(Recent research on public employee plans in Massachusetts found that tighter networks were associated with large savings.)

But the city is also struggling with a budget deficit that may require firing hundreds of public employees to bring it under control.

For example, the largest U.S. pension, California Public Employees» Retirement System, is considering more than doubling its bond allocation to reduce risk and volatility as the bull market in stocks approaches nine years.

The California Public Employees» Retirement System is the largest public pension manager in the U.S., so its move...

The Firefighters» Pension System of the City of Kansas City, Missouri, Trust, 414 East 12th Street, Kansas City, MO 64106, which held 100 shares of our common stock on November 7, 2008; along with the following co-filers: Miami Fire Fighters» Relief and Pension Fund, 2980 N.W. South River Drive, Miami, FL 33125 - 1146, which held 10,785 shares of our common stock on November 8, 2008; and the City of Philadelphia Public Employees Retirement System, Two Penn Center Plaza, 16th Floor,

For example, the private investment holdings of the California Public Employees» Retirement System generated 20 - year annual net class returns of 12.3 %, compared with 8.2 % for its public equity holdings.

Legislators in New Jersey and teachers in Florida are now calling for public employee pension funds to sell their shares of firearms companies.

Public employee pension funds are vulnerable to being used as a vehicle for advancing political / social goals unrelated to shareholder interests generally.

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 Pensions...

The people in Denver who bother to read the news, especially the ones who are or will be dependent on the Colorado public employees pension fund (PERA), were greeted with a shock Tuesday.

In other words, Angelides allegedly used the retirement savings of California's public employees to further his own political ends.

These large Rust - Belt metropolitan areas are collapsing under the weight massive budget deficits and catastrophically underfunded public employee pension funds.

To be eligible for membership, you generally have to be a public employee in North Carolina, or be related to one

Of course, such an estimate depends on what public employees could otherwise negotiate.

Public Employees Retirement Association of Colorado grew its holdings in International Flavors & Fragrances by 3.5 % in the 4th quarter.