Whereas many pensions use 1% in their formulas, the nation’s largest pension plan, the California Public Employees’ Retirement System (CalPERS), pays 2% in many instances.

That's why it's refreshing to see a respected public-sector professional association publish a new "Advisory" on pitfalls to avoid in financing public retirement plans. The Government Finance ...

Here are 10 recommendations for how Connecticut can continue to improve management, governance, and investment performance of pension funds; interestingly, many of these recommendations were made ...

Texas has 99 public pension funds. All are managed by professionals. Those professionals are devoted to providing superior management, and they are paid well to do it. Very well. Yet over the last ...

At a time when public sector workers are on the front lines of fighting the COVID-19 pandemic, it is important that they do not face an added stress about the security of their retirement benefits.

The state of public pension funds is at the heart of the potential default risk of states and municipalities, as the recent bankruptcy of Detroit demonstrates. There is a wide gap between common ...

The Pension Plans. Public pension funds need money for an important purpose: retirement checks for more than 25 million people — teachers, custodians, firefighters, police officers, social ...

While American politicians talk about changing public policy to increase investment in U.S. infrastructure, America's public pension funds are investing their money in infrastructure overseas. The ...

U.S. public pension funds traditionally allocate money to infrastructure funds, ... Of the $820 billion in assets under management by the funds, roughly $380 billion was dry power, he said.

Ohio’s five public pension funds that have hundreds of billions of dollars invested for more than 1.9 million Ohioans each ended 2020 in the black. Breaking: Pedestrian dies after being hit by ...