Sentences with phrase «of public pension»

Philadelphia - based Legg Mason Real Estate Services has arranged a $ 14.5 million first mortgage on behalf of a public pension fund client for New Britain Village Square in Chalfont, Pa..

Willow Grove Park Mall, a 981,000 sq. ft. center in Willow Grove, Pa., has been sold to the Investment Advisory Group of Philadelphia - based Legg Mason Real Estate Services on behalf of one of its public pension fund clients.

In January, for example, SSR Realty purchased two 72,000 sq. ft. office buildings in a suburban Seattle corporate park for $ 26.1 million, or $ 180 per sq. ft., on behalf of a public pension fund client.

Chris provides business and corporate advice, including advice related to sales and acquisitions, commercial leasing, contracts, real estate conveyance and financing; broad commercial litigation representation including contracts and other business disputes, commercial and residential construction defect claims, religious entity law, advice regarding employment disputes and compliance, including ADA, ADEA, Title VII, Colorado Wage Act, FLSA compliance, and administrative proceedings before EEOC and DORA - Colorado Civil Rights Division; representation in administrative proceedings, C.R.C.P. 106 (a)(4) appeals and interlocutory appeals regarding governmental immunity, defense and pursuit of 42 USC § 1983 actions in federal and state court; representation of public pension funds in litigation and administrative matters; and appellate practice before the Colorado Court of Appeals, Colorado Supreme Court, and the 10th Circuit.

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.

This works well because of public pension reforms.

Those of you who are long - time followers of ifa.com are probably aware of the attention we have given to the very large problem of mismanagement of public pension plan funds.

Pervasive underfunding of public pension plans has raised concern regarding the efficacy of traditional pension plan structure and design.

We addressed this problem by adjusting the actuarial costs to a common discount rate that accurately reflects the low - risk nature of public pension benefits.

A press conference will be held to call for reforms to the state's Martin Act to allow the Attorney General to sue on behalf of public pension funds for pension losses due to securities fraud.

According to Buck, the new method is generally used by the majority of public pension systems nationwide.

As a trustee of the City's largest public pension fund, I have repeatedly called for the divestment of all public pension dollars from gun retailers and manufacturers, and I am encouraged by the Mayor's call today to divest from assault weapon manufacturers.

Cuomo, who had never previously taken a public position on the issue, said in his veto message, «The existing statutory limits on the investment of public pension funds are carefully designed to achieve the appropriate balance between promoting growth and limiting risk.»

The point of public pension reform is to reduce the risk for New York taxpayers, who — in addition to their own financial concerns — now stand behind a constitutional guarantee of defined - benefit pensions for all current and future state and local government retirees.

The funded status of public pension plans has been a frequent topic in the news in recent years.

The proposal is to reduce the return of the public pension fund from eight percent to seven percent.

A colleague of mine who works at a pension fund did a study last year in which he concluded that, because of the extreme degree of public pension underfunding, a 10 % decline in the stock market for a sustained period — i.e. more than 3 or 4 months — would cause every single public pension fund to blow up.

And better yet, if the Fed can keep the pensions thinly solvent by pumping up the stock market, Congress and State Governments can defer the inevitable taxpayer bailout of public pension funds — for now.

The next phase of public pension reform will likely be touched off by a stock market decline that creates the real possibility of at least one state fund running out of cash within a couple of years.

That opportunity is to attract or retain the business of public pension funds and union related funds (which control approximately $ 3 trillion in assets), the institutional leaders in the shareholder empowerment movement, which are shifting their portfolios away from high cost, actively managed mutual funds and hedge funds to low cost indexed funds, the kind of funds that the top 10 largest mutual fund advisors dominate in terms of market share.

A number of public pension funds, like those in the state of Connecticut, have discussed the prospect of selling their shares.

He noted that «about two - thirds of the public pension funds that we follow have reduced their return assumptions since 2008, some more than once.»

The prevalence of public pensions in the U.K., which require ongoing cash streams to service their obligations, has helped to create a market culture that values higher yields.

They allow lower and middle income families to shield their retirement savings from high rates of taxation and clawbacks of public pensions, leveling the tax «playing field» compared to high income families with access to many tax - planning strategies.

When federal candidates knock on your door in the next few weeks, we should all try raising the topic of public pensions to see what commitments they will make.

This brief uses data from the Current Population Survey Annual Social and Economic Supplement5 to examine the importance of public pensions to black retirement security, and why the twin threats to public pensions — cuts to state pension benefits and the decline in public employment over the past two decades — particularly threaten the retirement security of African American workers.

The importance of public pensions to black retirement security is perhaps mostly starkly illustrated by the huge difference between the poverty rates of black retirees with and without public pensions.

The other four are the sort - of completed teacher evaluation issue, achieving an overhaul of public pensions, expanding the DNA database and expanding gambling in New York.

A Siena Research Institute poll in May found 77 percent of voters wanted all state employees, including legislators, to be stripped of their public pensions when convicted of crimes related to their public jobs.

Alia Smith, arguing for the Manhattan Institute, said «there is zero evidence in the record... that there has been any significant invasion of privacy» from disclosing the names and amounts of public pensions.

A spokesman for Cuomo, asked about the calls to increase taxes, accused Democrats who run the state Assembly of reneging on a plan to strip felonious officials of their public pensions.

Thursday night, word began circulating of a «framework» agreement reached between the so - called «three men in a room» — Gov. Andrew Cuomo, Assembly Speaker Carl Heastie and Senate Majority Leader John Flanagan — that would satisfy at least the minimum requirements for both: The Democratic - dominated Assembly would agree to the first passage of legislation paving the way for a constitutional amendment that would allow for the stripping of public pensions from elected officials and other top officials convicted of public corruption, and the Republican - led Senate would approve a one - year extension of mayoral control of New York City's schools.

So we can't afford the increased cost of public pensions.

The problem with pensions is the cost of public pensions is increasing exponentially.

Would any of the critics of public pensions want to live on that each week?

The majority want to see legislators convicted of felonies stripped of their public pensions, but are split on whether outside income should be limited.

Stec congratulated Stefanik and said he would work hard on behalf of both election reform and continue to fight against corruption in Albany, specifically seeking to get a constitutional amendment on the ballot by next year that would call for stripping elected officials convicted of crimes of their public pensions.

Whether due to cutbacks of public pensions, the lack of retirement plans offered by private employers, or workers forced to raid their savings, it appears to a growing number of advocates and politicians that many Americans will be forced to keep

Trustees of public pensions have a fiduciary duty to realize expected returns.

«We've been working diligently to reduce the cost of public pensions on the taxpayers.

Harry has already posted the full text of David Cameron's speech to the Local Government Association but I'm keen to highlight the three arguments he made for reform of public pensions.

Clearly, at least some people have been concerned about the pragmatism of public pensions for decades before our current crisis.

where hedge - fund dollars are used to support causes ranging from criminal justice reform to reducing the costs of public pensions (including those held by veteran teachers).

Teach for America's major donors include the Bill & Melinda Gates Foundation; the Walton Family Foundation, run by the heirs to the Walmart fortune; the Eli & Edythe Broad Foundation, run by the real estate billionaire and Democratic donor; and the Laura and John Arnold Foundation, where hedge - fund dollars are used to support causes ranging from criminal justice reform to reducing the costs of public pensions (including those held by veteran teachers).

For more than a decade, debate over reform of public pensions — including teachers — has been in a rut.

Critics of public pensions often complain that these pension plans have long vesting periods and reward the longest serving employees.

They allow lower and middle income families to shield their retirement savings from high rates of taxation and clawbacks of public pensions, leveling the tax «playing field» compared to high income families with access to many tax - planning strategies.

When federal candidates knock on your door in the next few weeks, we should all try raising the topic of public pensions to see what commitments they will make.

billions of public pensions fund dollars in the oil, gas and coal companies that are causing storms like Sandy, Maria and Irma.

We demanded that New York stop investing billions of public pensions fund dollars in the oil, gas and coal companies that are causing storms like Sandy, Maria and Irma.