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
California State Treasurer tells media CEO’s to “return to negotiations, work toward fair deal with writers and actors”
https://uk.style.yahoo.com/california-state-treasurer-tells-media-215336434.html
Small city in California accrues $1B pension shortfall
https://www.swfinstitute.org/news/99444/small-city-in-california-accrues-us-1-billion-pension-shortfall
NATIONAL NEWS
NYC Pension CIO sees little impact from Wall Street ESG pullback
https://news.bloomberglaw.com/esg/nyc-pension-cio-sees-little-impact-from-wall-street-esg-pullback
Milwaukee Tax and Pension deal a step in the right direction
https://www.rstreet.org/commentary/milwaukee-tax-and-pension-deal-a-step-in-the-right-direction/
US corporate pension plan funding ratios down slightly
https://www.pionline.com/pension-funds/us-corporate-pension-plan-funding-ratios-down-slightly-august
Midwest Pension Plan makes REk, credit commitments
https://www.fin-news.com/2023/09/05/midwest-pension-plan-makes-re-credit-commitments/