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
Allies inks multi-million dollar deal with US giant CaPERS
https://www.calcalistech.com/ctechnews/article/rjziewo7a
CalSTRS voting against 2 Exxon board members
https://www.pionline.com/esg/calstrs-latest-pension-fund-vote-against-exxon-board-members
NATIONAL NEWS
GOP Lawmakers Probe White House’s Pro-Labor Pension Initiative
https://news.bloomberglaw.com/daily-labor-report/gop-lawmakers-probe-white-houses-pro-labor-pension-initiative
The alleged ‘backdoor ties’ between retired teachers’ pension fund and investment firm
https://ohiocapitaljournal.com/2024/05/20/the-alleged-backdoor-ties-between-retired-teachers-pension-fund-and-investment-firm/
America’s $38 Trillion Retirement Pool is Nowhere Near Enough
https://www.bloomberg.com/news/features/2024-05-24/retirement-crisis-38-trillion-in-us-pensions-401-k-s-annuities-isn-t-enough?srnd=homepage-europe&embedded-checkout=true
Veto over bill to fund Oklahoma police pension causes rare class between political allies
https://www.koco.com/article/oklahoma-senate-bill-102-veto-kevin-stitt-fop/60885739
Spokesman: Ohio Gov. Mike DeWine not opposed to indexing for teachers’ investment strategy
https://ohiocapitaljournal.com/2024/05/23/spokesman-ohio-gov-mike-dewine-not-opposed-to-teachers-investment-strategy/