PENSION FUNDS
The University of California board of regents lowered the expected rate of return for the $70 billion pension plan to 6.75% from 7.25%.
State Comptroller Thomas DiNapoli, trustee of the New York State Common Retirement Fund, has weighed on the UAW's ongoing strike with GM.
Two more employers have joined the C$10.8 billion Colleges of Applied Arts and Technology Pension Plan.
Chicago Policemen's Annuity & Benefit Fund returned a net 4.5% for the fiscal year.
Delaware Public Employees is searching for new pension administrator, following the retirement of David Craik, who steps down Jan. 1.
The Detroit Carpenters’ Pension Trust Fund applied to the Treasury Department to reduce pension benefits in order to remain solvent.
Pension funds are having to cast their nets far and wide in search of returns that were once easier to find.
Funding ratios for U.S. corporate pension plans rose in September.
Tennessee Consolidated Retirement System returned a gross 7.5% for the fiscal year ended June 30.
The funded ratio of state and local pensions inched up to 72.8% in 2018 from 72.1% in 2017 but has been flat for several years.