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 County pension debt increased 10-fold in past 15 years, record show
https://www.sandiegouniontribune.com/news/watchdog/story/2023-09-23/san-diego-county-pension-debt-increased-10-fold-in-past-15-years-records-show
Why doesn’t Transparent California post employees’ pensions?
https://www.abc10.com/article/news/local/transparent-california-post-employees-pensions-why-guy/103-b486cc76-be1c-479f-9780-a4005a251f73
NATIONAL NEWS
Ohio’s teacher pension fund wants to boost how much districts pay into the system
https://www.dispatch.com/story/news/state/2023/09/20/strs-ohio-pension-wants-bigger-contributions-from-school-districts/70899139007/
Indiana lawmakers begin study of cost-of-living increases for public pension retirees
https://www.wfyi.org/news/articles/indiana-lawmakers-begin-study-of-cost-of-living-increases-for-public-pension-retirees
New Jersey Police, Fire Pensions seeks CIO, plans to ‘dramatically’ expand staff
https://www.ai-cio.com/news/new-jersey-police-fire-pension-seeks-cio-plans-to-dramatically-expand-staff/
KY pension fund kept gains in 2023 faces 22% funding and $12.3 billion deficit
https://www.kentucky.com/news/politics-government/article279553404.html
Republican legislators introduce bill to deny taxpayer-funded pensions from going to convicted child predators
https://www.foxbusiness.com/politics/republican-senators-introduce-bill-deny-taxpayer-funded-pensions-convicted-child-predators
NJ Police and Firemen’s pension fund allocates $300M to real estate, $170M to infrastructure
https://realassets.ipe.com/news/nj-police-and-firemens-pension-sets-aside-470m-for-real-estate-and-infrastructure-investments/10069093.article
New England Pension adds opportunistic RE commitments
https://www.fin-news.com/2023/09/26/new-england-pension-adds-opportunistic-re-commitments/