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 County Pension approves new asset allocation
https://www.fin-news.com/2024/04/25/calif-county-pension-approves-new-asset-allocation/
CalSTRS reveals problems calculating carbon footprint of its $331B portfolio
https://www.ft.com/content/17399579-0dfc-4bda-a32a-3a6010af30ed
California Supreme Court to revisit pension reform issues
https://www.bondbuyer.com/news/california-supreme-court-to-revisit-pension-reform-issues
California Pension bolsters alternatives portfolios
https://www.fin-news.com/2024/04/24/calif-pension-bolsters-alternatives-portfolios/
NATIONAL NEWS
Chicago Teachers’ Pension Fund adds $2.1B to Illinois economy in 2023
https://www.ai-cio.com/news/chicago-teachers-pension-fund-adds-2-1-billion-to-illinois-economy-in-2023/
Mass. Pension to issue US small-cap core RFP
https://www.fin-news.com/2024/04/24/mass-pension-to-issue-u-s-small-cap-core-rfp/
Texas pension bolsters alternatives portfolios
https://www.fin-news.com/2024/04/25/texas-pension-bolsters-alternatives-portfolios-2/
Providence pension board revokes former officer’s pension for ‘dishonorable’ service
https://www.wpri.com/video/providence-pension-board-revokes-former-officers-pension-for-dishonorable-service/9639917/
Mass. Pension issues private debt manager RFP
https://www.fin-news.com/2024/04/25/mass-pension-issues-private-debt-manager-rfp/
Illinois Tier 2 pension promise needs to be fixed
https://www.chicagotribune.com/2024/04/26/column-illinois-pension-crisis-tier-2-greising/