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
California pension plan bolsters private equity portfolio
https://www.fin-news.com/2024/01/17/calif-pension-plan-bolsters-pe-portfolio/
A $300B pension fund leads big-money charge back to bonds
https://www.bloomberg.com/news/articles/2024-01-17/a-300-billion-pension-fund-leads-big-money-charge-back-to-bonds?embedded-checkout=true
CalPERS puts $4B to diverse PE managers in FY2023
https://www.pionline.com/esg/calpers-puts-4-billion-diverse-pe-managers-fy2023
NATIONAL NEWS
Philadelphia public employees gets OK for private debt
https://www.pionline.com/pension-funds/philadelphia-public-employees-gets-ok-private-debt
UAW President: If corporations won’t pay for pensions, taxpayers must
https://www.detroitnews.com/story/business/autos/2024/01/22/uaw-president-shawn-fain-cap-conference-corporations-pensions-taxpayers-retirement/72312497007/
Alaska’s misguided pension gambit
https://www.realclearpolicy.com/articles/2024/01/22/alaskas_misguided_pension_gambit_1006479.html
‘Too few’ public pension funds address climate proxy voting – report
https://www.pionline.com/esg/too-few-public-pension-funds-address-climate-proxy-voting-report
Connecticut pension funds shine through difficult 2023
https://m.bankingexchange.com/buyside-exchange/item/9877-connecticut-pension-funds-shine-through-difficult-2023