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
CalPERS supports state bill targeting PE-backed healthcare
https://www.pionline.com/pension-funds/calpers-supports-state-bill-targeting-private-equity-backed-healthcare
CalPERS looking for some new recruits; private debt understaffed
https://www.pionline.com/pension-funds/calpers-looking-some-new-recruits-private-debt-understaffed
NATIONAL NEWS
AZ bricklayers’ pension plan gets financial assistance
https://news.bloomberglaw.com/employee-benefits/arizona-bricklayers-pension-plan-gets-financial-assistance
Pacific Northwest Pension stick with NEPC
https://www.fin-news.com/2024/06/13/pacific-northwest-pension-sticks-with-nepc/
NE Pension begins high-yield fixed-income search
https://www.fin-news.com/2024/06/13/new-england-pension-begins-high-yield-fixed-income-search/
First responders didn’t create the Dalles Pension mess; they shouldn’t pay for it.
https://www.dallasnews.com/opinion/commentary/2024/06/17/first-responders-didnt-create-the-dallas-pension-mess-they-shouldnt-pay-for-it/
Illinois government’s $100K salary and pension club: 140K members and rising
https://muddyrivernews.com/politics/illinois-governments-100k-salary-and-pension-club-140000-members-and-rising/20240616070000/
NY’s biggest public pension fund gained nearly 12% in FY24
https://www.empirecenter.org/publications/nys-biggest-public-pension-fund-gained-nearly-12-in-fy-2024/
Republicans need to promise now: No state pension bailouts
https://www.nationalreview.com/the-morning-jolt/republicans-need-to-promise-now-no-state-pension-bailouts/