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
San Diego has plenty of company chasing pension debt
https://www.sandiegouniontribune.com/columnists/story/2023-10-01/michael-smolens-san-diego-has-plenty-of-company-chasing-pensin
San Diego County pension bucks PE cashflow trends
https://www.buyoutsinsider.com/san-diego-county-pension-bucks-pe-cashflow-trends/
NATIONAL NEWS
State pension funds are being manipulated for a left-wing agenda
https://www.washingtonexaminer.com/restoring-america/courage-strength-optimism/state-pension-funds-manipulated-left-wing-agenda
Union Pension Fund wants early win in $2.8M debt case
https://www.law360.com/employment-authority/articles/1726360/union-pension-fund-wants-early-win-in-2-8m-debt-case
New England Pension makers PE commitments
https://www.fin-news.com/2023/09/27/new-england-pension-makes-private-equity-commitments/
U of C holding contest for students to help solve Chicago’s pension crisis
https://www.chicagobusiness.com/education/university-chicago-holds-pension-crisis-contest
Florida pension rebounds with positive return in 2023, but still expects a $36B deficit
https://www.bizjournals.com/southflorida/news/2023/09/28/florida-pension-return-positive-2023.html
State pension fund sells off portion invested in farm that sells alfalfa to Middle East
https://www.wmicentral.com/business/state-pension-fund-sells-off-portion-invested-in-farm-that-sells-alfalfa-to-middle-east/article_92f48a82-000f-5707-be70-8a247f41c24f.html
US pension funds hone in on private credit
https://www.ipe.com/comment/us-pension-funds-hone-in-on-private-credit/10069140.article