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
CA Pension Funds face new fight over oil investments
https://www.rigzone.com/news/wire/california_pension_funds_face_new_fight_over_oil_investments-24-jun-2024-177189-article/
Fossil fuel divestment bill runs out of gas again in CA
https://www.pionline.com/esg/fossil-fuel-divestment-bill-runs-out-gas-again-california
NATIONAL NEWS
Pennsylvania pension adds real estate fund
https://www.alternativeswatch.com/2024/06/19/pennsylvania-seres-reports-q1-returns-ipi-partners-real-estate-allocation/
NY state pension fund reports investment gain for 23-24, the second highest in 10 years
https://www.newsday.com/business/state-pension-fund-retirement-g60qpz81
Biden touts 1M pensions saved under American Rescue Plan
https://thehill.com/homenews/administration/4733184-biden-rescue-plan-pension-protection/
Midwest Pension concludes international ex-China equity manager search
https://www.fin-news.com/2024/06/21/midwest-pension-concludes-ex-china-intl-equity-manager-search/
Alabama Pension plan receives financial assistance from PBGC
https://news.bloomberglaw.com/employee-benefits/alabama-pension-plan-receives-financial-assistance-from-pbgc
Nebraska State Auditor: Omaha public schools employee pension plan getting worse
https://www.wowt.com/2024/06/25/nebraska-state-auditor-omaha-public-schools-employee-pension-plan-getting-worse/