Sentences with phrase «municipal pension funds»

Her clients include state and municipal pension funds, as well as institutional and sophisticated investors.

The plaintiff managed municipal pension funds.

However, with budget cuts and poor stock market performances, municipal pension funds across the country are underfunded, and the governments that run them are being forced to pay more out of pocket to get them up to par.

The comptroller's office doesn't rank particularly high in this regard, insiders say, despite its ability to audit city agreements with developers and manage municipal pension funds.

Both included sizable contributions from OMERS Ventures, the VC arm of the Ontario municipal pension fund.

Last week, New York City comptroller Scott Stringer called for similar changes in Facebook's board structure on behalf of the city's municipal pension fund, a significant investor in Facebook.

Mass Torts Made Perfect, «Stealing Millions One Dollar at a Time: How to Represent Your Municipal Pension Fund,» April 2013

LISA hosts events to educate institutional investors — state and municipal pension fund managers, among others — that securitized life settlements are safe, non-correlating assets that should be included in a well - diversified portfolio allocation.

Not exact matches

Michael Nobrega, president of the $ 53 - billion Ontario Municipal Employees Retirement System, said in March that pension funds such as his should be able to manage PRPPs.

Natalie Cohen, Managing Director Municipal Securities Research, Wells Fargo Securities — Condition of State / Local Pensions / Post Employment Funding

John Ruffalo, CEO of OMERS Ventures, the venture arm of the Ontario Municipal Employee Retirement System, and one of Canada's leading pension funds, recently stated: «I believe that the technology community knows how good Canada is as a hotbed of technology.

In 2006 and 2007, plaintiff Houston Municipal Employees Pension System (HMEPS) invested an aggregate $ 15 million with hedge fund Highland Crusader Fund, L.P. (Fufund Highland Crusader Fund, L.P. (FuFund, L.P. (FundFund).

The Dallas - based firm, which manages $ 23 billion, said the investor - led plan was approved by about 86 % of Highland Crusader Fund clients, including the Houston Municipal Employees Pension Scheme, which sued Highland in May, accusing it of looting the fFund clients, including the Houston Municipal Employees Pension Scheme, which sued Highland in May, accusing it of looting the fundfund.

One municipal police pension fund in Illinois found itself disappointed with the return of its 5 - star fund.

Net investment income does not include tax - exempt interest from municipal bonds (or funds); withdrawals from a retirement plan such as a traditional IRA, Roth IRA, or 401 (k); and payouts from traditional defined benefit pension plans or annuities that are part of retirement plans.

That deal was the largest since Swiss fund Adveq Real Assets, joined by US - based Municipal Employees» Retirement System of Michigan and the Danish Danica Pension Fund, purchased 18,000 hectares of almond orchards on the Murray River near Robinvale for $ 211 million in 2fund Adveq Real Assets, joined by US - based Municipal Employees» Retirement System of Michigan and the Danish Danica Pension Fund, purchased 18,000 hectares of almond orchards on the Murray River near Robinvale for $ 211 million in 2Fund, purchased 18,000 hectares of almond orchards on the Murray River near Robinvale for $ 211 million in 2013.

Those bumps increased his pension from roughly $ 180,000 a year to more than $ 250,000, the highest in the state's municipal employee retirement fund.

May sits on the House pension committee and called for hearings to delve into the Illinois Municipal Retirement Fund, which manages taxpayer - backed pensions for thousands of local government employees.

Last year, the district had 118 employees in the Illinois Municipal Retirement Fund and had to make pension contributions of $ 645,996.

Similar results can be expected from New York City's five municipal - worker pension funds, which also bank on 7 percent returns.

The mayor, whose own administration has been partially responsible for pension fund growth, now wants to require most new municipal workers to work at least 10 years, or double the current amount, to qualify for a pension, and bar them from receiving pension checks until age 65.

Retired Correction Commissioner Martin Horn says Seabrook was a «more effective and aggressive leader» than other municipal union heads and was adept at advocating for his members» needs (of course, that advocacy allegedly didn't extend to their pension funds).

The former agreed to shelve pay raises for municipal workers; the latter helped stave off bankruptcy by buying city bonds with pension funds.

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).

Other retirement systems include the Chicago Transit Authority Fund, the Cook County Employees» Pension Fund, the Firemen's Annuity and Benefit Fund of Chicago, the Policemen's Annuity and Benefit Fund of Chicago, in addition to several other municipal employee funds.

The city of Pittsburgh boasted one of the worst - funded municipal pension plans in the country last year at this time and faced a state takeover of the system unless officials could raise funding levels to at least 50 percent of liabilities.

The Legislature laid out districts» obligations through 2020 - 21 in a deal three years ago to rescue CalSTRS, the state teachers pension fund, and CalPERS, the pension fund that covers state, municipal and non-credentialed school employees.

Far better to consistently fund municipal pensions through general revenues.

For those that have read me before on municipal pensions, their claim to fame is that they make private sector funding look good.

A key issue emerging in many current municipal bankruptcies involves payments owed to pension funds, which could affect thousands of individuals and play a role in personal bankruptcy filings.

The Ontario Municipal Employees Retirement System (OMERS) is one of those big pension funds you hear about, providing sweet defined benefit pensions to government workers, and buying up companies and assets to help fund those pensions.

What the data above show us is that US public (think municipal and government) and private (think corporate) pension funds have the lowest, or close to the lowest, allocations to bonds in over a half century.

Of the five states with the worst - funded pension ratios, three have outperformed the S&P Municipal Bond Index which has returned 4.16 % year - to - date.

Bonds from only one of the five states with the best - funded pension ratios have outperformed the S&P Municipal Bond Index.

Depend on that happening for the worst funds, and at least run through the risk analysis of what you would do if your pension benefit were cut by 20 % for a municipal plan, or to the PBGC limit for a corporate plan.

In the case of public pension funds, investments are directed by municipal officials who often delegate the investment strategy and asset manager hiring recommendations to consultants, causing even greater divergence between the interests of beneficiaries and sponsor.

Other highly rated institutions, including pension funds and government sponsored entities, also offer third - party credit enhancement on asset - backed and municipal obligations.

It markets its products to commercial lenders, corporate treasury groups, insurance and pension funds, municipal finance groups and real estate property managers.

(The costs will also have to be high enough to allow Teranet's owners, a municipal employees» pension fund, to recoup their $ 1 billion over the 50 years, plus a good yield.)

OMERS — Ontario Municipal Employees Retirement System, is known to be one of the largest pension funds in Canada with $ 72 billion Canadian dollars (CAD) in net assets.

Furthermore, just last week, the Ontario Municipal Employees Retirement System (OMERS), one of the country's largest pension funds, made it clear that it possesses a sense of risk and daring, saying that it was looking into making investments in bitcoin and blockchain startups through the funds in a recently closed CAD fund.

Pension funds such as the Canada Pension Plan Investment Board, Caisse de dépôt et placement du Québec and the Ontario Municipal Employees Retirement System, which have a combined $ 581 - billion (Canadian) under management, have been among the most active investors in Manhattan.