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 approves EMD hire
https://www.fin-news.com/2024/01/24/california-pension-makes-emd-hire/
California pension slates consultant finalist interviews
https://www.fin-news.com/2024/01/24/calif-pension-slates-consultant-finalist-interviews/
NATIONAL NEWS
Pension consolidation law upheld by Illinois Supreme Court
https://foxillinois.com/news/local/pension-consolidation-law-upheld-by-illinois-supreme-court
Midwest pension approves private equity commitments
https://www.fin-news.com/2024/01/23/midwest-pension-approves-private-equity-commitments/
Funding ratio of Largest US public pension plans hits 78.2% year end
https://www.pionline.com/pension-funds/funding-ratio-largest-us-public-pension-plans-hits-782-year-end-milliman
Midwest pension plan approves commitments, pacing plans
https://www.fin-news.com/2024/01/25/midwest-pension-plan-approves-commitments-pacing-plans/
Merging downstate police, fire pensions helps but Illinois needs pension reform
https://www.illinoispolicy.org/merging-downstate-police-fire-pensions-helps-but-illinois-needs-pension-reform/
Measuring the unintended consequences of public pension fund disinvestment from fossil fuel companies
https://cepr.org/voxeu/columns/measuring-unintended-consequences-public-pension-fund-disinvestment-fossil-fuel