NCR CORP. ($ MILLIONS)
Total assets 3,100
Defined benefit 2,100
401(k)/457 1,000
Defined benefit asset mix:
Stocks 78%
Fixed income 19%
Cash equivalents 2%
Real estate equity 1%
Defined contribution asset mix:
Company stock 17%
Other stock 53%
Fixed income 23%
GICs/BICs 4%
Cash equivalents 3%
DAYTON, Ohio - As of Sept. 30, NCR Corp.'s total employee benefit assets were $3.1 billion.
The master trustees are Citibank and State Street Bank.
Key person overseeing the investment management of both the defined benefit and defined contribution plans is Norman M. Pao, assistant treasurer.
Nebraska State
Retirement Systems
($ millions)
Total assets 3,392
Defined benefit* 2,662
Total defined contribution 730
*401(k)/457 72
*P&I estimate
Internally managed assets:
Defined benefit 1,019
Defined contribution 489
Defined benefit asset mix:
Stocks 55%
Fixed income 45%
Defined contribution asset mix:
Stock 15%
Fixed income 8%
GICs/BICs 77%
LINCOLN, Neb. - As of Sept. 30, the Nebraska State Retirement Systems increased an estimated 11% from Oct. 31, 1995.
The Nebraska Investment Council manages an estimated $2.662 billion in defined benefit assets, an increase of 10.9%. The estimate is based on fund assets as of Dec. 31, 1995.
The Nebraska Public Employees' Retirement Systems had $730 million in defined contribution assets, an increase of 10.8%.
Defined benefit managers:
Domestic equities: Brinson; Jundt; Barclays Global; Ariel; DFA; FNB Omaha; Newbolds; KPM; Husic; Rothschild; Alliance.
International equities: Alliance; Rowe Price-Fleming.
Domestic fixed-income: Barclays.
Defined contribution managers:
Domestic equities: Kirkpatrick Pettis; Twentieth Century; Fidelity; Hartford.
International equities: Fidelity; Hartford.
Domestic fixed-income: Kirkpatrick Pettis; Hartford.
Balanced: Kirkpatrick Pettis; Twentieth Century.
The master custodian and global custodian is State Street.
Key personnel overseeing the investment management of the fund are Rex W. Holsapple, state investment officer; Bob De Moss, senior equity manager; and Mike Hansen, fixed-income manager. Overseeing the defined contribution plan is James Cashin, director.
Public Employees
Retirement System of
Nevada
($ millions)
Total assets 7,910
Defined benefit 7,910
Employer DB contributions 432
Benefit payments 267
Defined benefit asset mix:
Stocks 41%
Fixed income 49%
Real estate equity 10%
CARSON CITY, Nev. - As of Sept. 30, the Public Employees Retirement System of Nevada's total employee benefit assets - all defined benefit - increased 14.2% from a year earlier.
Employer contributions to the plan increased 13%; benefits paid increased 10%.
Defined benefit managers:
Domestic equities: Alliance; Barclays Global; Chancellor; Loomis Sayles.
International equities: Axe-Houghton.
Domestic fixed-income: Nicholas-Applegate; Patterson; State Street.
International fixed-income: Brinson.
Real estate: INVESCO; L&B; PMRealty.
Other managers: Pathway Capital.
The master custodian is Wells Fargo Bank.
Key personnel overseeing the investment management of the fund are Laura Wallace, investment officer, and Ken Lambert, administrative analyst.
New Jersey Division
of Investment
($ millions)
Total assets 46,280
Defined benefit 45,698
Total defined contribution 582
*457 434
Employer DB contributions 640
Benefit payments 2,200
Total DC contributions 8
Internally managed assets:
Defined benefit 45,698
The fund uses:
Stock options
Defined benefit asset mix:
Stocks 61%
Fixed income 31%
Cash equivalents 3%
Mortgages 5%
Defined contribution asset mix:
Stocks 66%
Fixed income 17%
Cash equivalents 17%
TRENTON, N.J. AS OF SEPT. 30, NEW JERSEY DIVISION OF INVESTMENT'S TOTAL EMPLOYEE BENEFIT ASSETS INCREASED 13% FROM A YEAR EARLIER. DEFINED BENEFIT ASSETS INCREASED 13% DURING THE SAME PERIOD; DEFINED CONTRIBUTION ASSETS INCREASED 25%.
EMPLOYER CONTRIBUTIONS TO THE DEFINED BENEFIT PLAN INCREASED 40%; BENEFITS PAID DECREASED 4%. THE GLOBAL CUSTODIAN IS BANKERS TRUST. KEY PERSONNEL OVERSEEING THE INVESTMENT MANAGEMENT OF THE FUND AND THE DEFINED CONTRIBUTION PLAN ARE
ROLAND MA CHOLD, DIRECTOR; STEVEN KORNRUMPF, DEPUTY DIRECTOR; AND GILLES MICHEL, ASSISTANT DIRECTOR.
