Public pension plans are being hit with a mixture of ethics complaints, ballot initiatives and election contests, with candidates using pension reform as an appeal to voters.
September 15, 2014
Rhode Island General Treasurer Gina Raimondo, the architect of changes in the state’s public pension system, won the Democratic primary for governor with 42.2% of the vote.
September 10, 2014 | 02:18 pm
Curtis M. Loftis Jr. was re-elected as state treasurer of South Carolina on Tuesday, while House Majority Leader, and Wall Street ally, Eric Cantor, R-Va., lost his Republican primary the same night.
June 11, 2014 | 03:32 pm
As the flood of reform efforts aimed at public pension funds becomes a trickle, the main concern is whether the newfound fiscal discipline will hold.
April 14, 2014
Tulane University economics professor Peter Ricchiuti speaking at P&I's Defined Contribution East 2014 conference talks about the economic recovery.
March 17, 2014 | 12:01 am
Argentina lost its bid for a rehearing of a federal appeals court ruling against it in litigation over $1.5 billion in the nation's defaulted bonds.
November 19, 2013 | 01:15 pm
Cincinnati voters rejected a ballot initiative Tuesday that would have created an amendment to the city's charter changing certain retirement benefits of the Cincinnati Retirement System.
November 06, 2013 | 02:05 pm
A ballot initiative in Cincinnati's citywide elections on Tuesday proposes an amendment to the city's charter that could create a new defined contribution plan as well as require the Cincinnati...
November 05, 2013 | 03:36 pm
The race for New York City comptroller, a job that includes managing the $145 billion New York City Retirement Systems, is a study in contrasts as well as similarities between Republican John Burnett ...
November 05, 2013 | 09:21 am
An effort to hold a referendum on replacing Los Angeles' three city pension plans with a defined contribution plan for new employees, proposed by former Mayor Richard Riordan, was temporarily put on...
November 26, 2012 | 06:09 pm
The odds of reduced tax incentives for retirement savings and further regulatory action on retirement issues increased significantly with the Nov. 6 federal election results.
November 12, 2012
The first four years of President Barack Obama's administration were very bullish for the stock market. The S&P 500 rose 66% from January 2009 through October 2012, using monthly averages of daily...
November 09, 2012 | 10:10 am
U.S. stocks plunged Wednesday, with the Dow Jones industrial average closing below the 13,000 mark for the first time since Aug. 2, as investor focus turned to the budget debate and Europe's debt...
November 07, 2012 | 04:16 pm
Incumbent candidates and parties largely won state and local elections that could potentially have the greatest impact on pension plans and reform, while most pension-related constitutional...
November 07, 2012 | 03:56 pm
U.S. stocks fell Wednesday as investors’ focus returned to the U.S. tax debate and Europe’s debt crisis following the re-election of President Barack Obama.