Sentences with phrase «public pension funds over»

New York City announced it filed a multibillion dollar lawsuit against five top oil companies, citing their «contributions to global warming,» as it said it would divest fossil fuel investments from its $ 189 billion public pension funds over the next five years.

Not exact matches

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).

The public awareness of the degree to which State pension funds are underfunded has risen considerably over the past year.

He concluded that, based on the current stated amount of underfunding at every big pension fund, if the Dow / SPX declined 10 % or more over a sustained period of time — where «sustained period» is defined as 3 - 4 month — every public pension fund in the country would collapse.

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 %.

ALBANY, N.Y. (AP)- The New York state comptroller says the state's public pension fund is nearing $ 207 billion thanks to strong results from financial markets over the past year.

The New York state comptroller says the state's public pension fund is nearing $ 207 billion thanks to strong results from financial markets over the past year.

DiNapoli is close and quite popular with the public workers unions whose pension fund he manages and Cuomo, as governor, was preparing to do battle with state workers over a less generous contract, threatening layoffs in the process.

Over the years, state lawmakers have stripped away school funding as well as the wages, pensions, workplace rights and health benefits of public school educators.

As comptroller, Spitzer could also exercise influence over financial institutions that do business with the city to manage its public pension funds.

In a new report released yesterday by the institute's Empire Center, we find that pension contributions will skyrocket over the next several years, because the state's pension funds made risky bets in the stock market and lost — leaving taxpayers, not public employees, to pay the bill.

Speaking on the public television show «Off the Record,» MEA President Steven Cook said the MEA paid $ 25,000 toward a recall effort against House Education Committee Chairman Paul Scott, R - Grand Blanc, because polling showed voters in Scott's district are upset over the elimination of a pension tax deduction and public school funding levels, the Lansing State Journal reported.

Pennsylvania took over Philadelphia's public schools in 2001, and test scores have dropped while the district wrestles with the debt it incurred from pension obligations and funding new charter schools.

Gov. Scott Walker's announcement Friday to curtail union bargaining and require pension and health care contributions from public employees upped the ante in a debate over K - 12 education funding.

Over the years, state lawmakers have stripped away school funding as well as the wages, pensions, workplace rights and health benefits of public school educators.

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.

According to the latest Performance Update Report from the Private Equity Growth Capital Council, private equity funds invested by large U.S. pensions outperformed the public markets by 5.2 percentage points annually over a 10 - year period.

REAL ESTATE MARKETS IN THE U.S. have received major flows of equity capital from private and public pension funds in the past 12 months, and will probably receive even more over the next year.