Defined Benefit Plans
Illinois promises to make $5.2 billion pension contribution
Illinois Gov. Pat Quinn committed to making a statutory $5.2 billion contribution to the five state retirement systems for fiscal 2013, beginning July 1, according to a proposed budget released...
February 22, 2012 | 03:51 pm
Allstate plans $417 million pension contribution in 2012
The Allstate Corp. plans to contribute $417 million to its defined benefit pension plans in 2012, according to a 10-K filed by the company Wednesday.
February 22, 2012 | 12:54 pm
ConEd to generate $759 million pension contribution
Consolidated Edison Inc. expects to contribute $759 million to its pension plan this year, according to the New York utility's 10-K form filed on Tuesday.
February 22, 2012 | 12:35 pm
Wisconsin Investment Board gets new executive director
Michael Williamson was named executive director of the $83.3 billion State of Wisconsin Investment Board, Madison, effective in June.
February 22, 2012 | 11:30 am
Wyoming Retirement takes first step toward private equity investments
Wyoming Retirement System, Cheyenne, is developing a plan to begin making its first private equity investments.
February 22, 2012 | 03:47 pm
DHR International survey: Corporate plan CIOs earning the most
Corporate pension plans offer their chief investment officers a combination of base salary and performance-related pay roughly twice what the CIOs of public or Taft-Hartley plans are garnering,...
February 22, 2012 | 03:37 pm
Orange County pension plan seeks firm to audit actuary
Orange County Employees Retirement System, Santa Ana, Calif., launched an RFP for an actuarial firm familiar with public pension plans to audit OCERS' consulting actuary, The Segal Co.
February 22, 2012 | 02:47 pm
Fife Council Pension Fund looking for global equity managers
Fife Council Pension Fund, Glenrothes, Scotland, issued an RFI for managers to be included in a framework agreement, or preapproved list of managers, to manage an active, long-only global equity...
February 22, 2012 | 02:36 pm
New Mexico Educational reviewing asset allocation
New Mexico Educational Retirement Board staff is reviewing the Santa Fe-based pension fund’s asset allocation and expects to present a recommended asset allocation at the board’s April 20 ...
February 22, 2012 | 02:33 pm
Louisiana Sheriffs pension fund doles out $72 million
Louisiana Sheriffs' Pension & Relief Fund, Baton Rouge, is adding a total of about $72 million to existing managers.
February 22, 2012 | 02:29 pm
Norwood Contributory reissues emerging markets equity RFP
Norwood (Mass.) Contributory Retirement System reissued an RFP for an active emerging markets equity manager to run $5 million, according a posting on Meketa Investment Group's website.
February 22, 2012 | 02:10 pm
Essex pension fund in England picks Stafford Timberland for fund of funds
Essex County Council Pension Fund, Chelmsford, England, hired Stafford Timberland Group to manage a timberland fund of funds.
February 22, 2012 | 02:05 pm
San Joaquin County Employees chooses 2 for risk parity
San Joaquin County Employees’ Retirement Association, Stockton, Calif., hired Bridgewater Associates and Clifton Group to each run risk-parity strategies.
February 22, 2012 | 01:59 pm
$1.1 billion pension contribution proposed for New Jersey
New Jersey Gov. Chris Christie is betting on a sharp revenue increase to help finance a $1.1 billion state pension contribution — the largest in the state's history — in his fiscal 2013...
February 22, 2012 | 12:25 pm
Restructuring experts can hold pension plans' future in their hands
The debate over the future of American Airlines' four defined benefit plans highlights the growing importance of restructuring experts who understand pension plans.