Yesterday we wrote about CalPERS, and the request by Dane Hutchings, legislative representative to the League of California Cities, imploring the CalPERS team to "think outside the Box" in order to generate a fund return that exceeded their 7% annual...

You Gotta love this one! CIO magazine is reporting that a "legislative representative to the League of California Cities urged the CalPERS Investment Committee Monday to think “out of the box” in finding a way to exceed its 7% investment...

Recently the Federal Reserve Bank of Chicago unveiled a "solution" to the Illinois pension crisis, and according to those in attendance at the pension event the announcement drew an "audible gasp"! The speaker from the Chicago Fed proposed levying a...

The Committee for a Responsible Federal Budget (CRFB) is out with an article titled, "Multiemployer Pensions: The Next Source of Budget-Busting Legislation?" We continue to be pleased with the fact that the multiemployer funding issue (and the Butch Lewis Act)...

I am very thankful to Asset.tv for once again having me on to discuss the Butch Lewis Act. They remain incredibly supportive in feeding information regarding this potential landmark legislation to their audience. Here is my latest interview with Sarah...

The WSJ's Heather Gillers wrote an article in today's edition titled, "Pension Funds Still Making Promises They Probably Can't Keep". Always glad to see pension plans get some air time in the WSJ, but would really appreciate a new slant...

"Some state and city governments have turned to pension obligation bonds (POBs) to pay their unfunded liabilities in their pension programs, and Moody’s lists these bonds as a part of the net tax-supported debt. However, the Government Finance Officers Association...

Some good news to report for public pension systems (and those that contribute to them). Fitch Ratings has reported that after hitting a high of 8.6% growth in fiscal 2011, median actuarially determined contributions (ADC) rose only 3.5% in 2017....

If you are fortunate enough to be in the Top 10% of income then you've done fairly well since the GFC. However, median family net worth for all but the Top 10% have fallen in the last decade. As we've...

There has been a movement to more fixed income and LDI use among corporate pension plans since the Great Financial Crisis, says CEM Benchmarking in a recently published report. According to the analysis, corporate plan sponsors are using the plan's...