Here is a weekly round-up of news and opinion on the pension issue. Stay informed on this important issue and pass these on to neighbors and colleagues.
CALIFORNIA NEWS
CalPERS next CIO: 55 applications so far and counting
https://www.top1000funds.com/2023/11/calpers-next-cio-55-applications-so-far-and-counting/
NATIONAL NEWS
US public pension funding dips again in October
https://www.pionline.com/pension-funds/us-public-pension-funding-dips-again-october-milliman
Booze reform, full public worker pension payment big priorities for NJ
https://www.nj.com/politics/2023/11/booze-reform-full-public-worker-pension-payment-big-priorities-for-nj-murphy-says.html
PBGC pension programs finish fiscal year with surplus
https://www.pionline.com/washington/pbgc-pension-programs-finish-fiscal-year-surpluses
US pension fund’s exit may shake Hong Kong markets
https://asiatimes.com/2023/11/us-pension-funds-exit-may-shake-hong-kong-markets/
NYC Comptroller Brad Lander and pension trustees announce critical changes to and expansion of emerging manager program
https://comptroller.nyc.gov/newsroom/new-york-city-comptroller-brad-lander-and-pension-trustees-announce-critical-changes-to-and-expansion-of-emerging-manager-program/
Illinoisans burdened with $207B in official state and local pension debts, $41,000 per household
https://wirepoints.org/illinoisans-burdened-with-207-billion-in-official-state-local-pension-debts-41000-per-household-wirepoints/