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
New California ruling targets pension ‘spiking’ as retirees appeal for relief
https://www.edhat.com/news/new-california-ruling-targets-pension-spiking-as-retirees-appeal-for-relief/
NATIONAL NEWS
NY pension fund to divest some Exxon holdings
https://www.reuters.com/business/finance/new-york-pension-fund-further-restricts-investments-exxon-other-oil-companies-2024-02-15/
Legislators approve 50% pension increase for themselves
https://www.santafenewmexican.com/news/local_news/legislators-approve-50-pension-increase-for-themselves/article_a6102dce-cce5-11ee-b143-33e650cabc61.html
Whitmer pension proposal, a linchpin for her proposed budget, may be in doubt
https://www.crainsdetroit.com/politics-policy/gov-gretchen-whitmer-pension-change-proposal-may-be-doubt
Could a US pension revolution be on the cards?
https://www.ft.com/content/51908fe3-e3f2-44ce-9434-e1664e1f14ef
Southern pension plan hires mid-cap growth manager
https://www.fin-news.com/2024/02/21/southern-pension-plan-hires-mid-cap-growth-manager/
Illinois governor proposes fully funding state pensions by 2048
https://www.bloomberg.com/news/articles/2024-02-21/illinois-governor-proposes-fully-funding-state-pensions-by-2048?embedded-checkout=true