The leading online source of information and analysis about benefits, funding, plan administration and all other aspects of the public pension industry.
Home     Registration     Corporate Sponsorship     PPO Archives     PPO Forum     Professional Profiles     Contact Us     Search     Member Area
 SPPON Features
 Perspective Pieces
 Recent Headlines
 Reports and Studies
 Weekly Economic Update
Calendar
Previous Month July 2010 Next Month
S M T W T F S
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31
 
Recent Headlines from Across the Country


Associate Members: 3D Asset Management, Inc. Accenture Advanced Investment Partners American Realty Advisors Benefits USA BNY ConvergEX Boston Company Bradford Marzec, Inc. Buck Consultants Burgess Chambers and Associates BVA Capital Group Companies Chaldon Associates Cypen & Cypen Dana Investments Dana McKitrick Davis, Hamilton, Jackson & Associates DePrince, Race, Zollo EFI ICC Capital Independence Investments Intercontinental Real EstateJK MilneJP Morgan LWR Morgan Stanley Saxena White Virtus Capital Management Voyageur Asset Management Wellington Williams & Jensen

News stories from around the country. The Public Pension Industry is a fast paced industry. Keep up to date on a number of issues from health care to investment articles facing the public pension industry.

Social Security Loses $50 Million a Year in Benefit Overpayment
Social Security is paying roughly $50 million a year too much to people who collect state pensions but fail to declare that income, according to the system’s inspector general. . . . more
Maine Giving Social Security Another Look
Lawmakers in Maine have found an unusual tool for tackling their state’s pension woes: Social Security. . . . more
Florida finally fixes double-dipping abuse
As national news carries almost daily headlines about faltering state pension funds, here's good news for the Florida Retirement System: No longer will public employees be allowed to game an already generous retirement system by "retiring" for just 30 days and then returning to work in order to double dip — collect both a pension and a paycheck. The reform took more than a year to pass the Legislature and another year to become law, but finally taxpayers' interests prevailed. . . . more
Cuomo reveals widespread pension padding
With hard evidence of abuse, State Attorney General Andrew Cuomo is vowing to put an end to the loophole that allows public employees to pad their pensions. . . . more
New Jersey names Indiana's Walsh to head investment division
Timothy Walsh, the chief investment officer of Indiana’s pension fund for teachers, has been named director of the New Jersey Division of Investment, manager of the 10th-largest public retirement system in the U.S. . . . more
US pension funds remain cautious on commodities
Oil, metals and grains have been pushed by commodity fund managers to US pension funds in the hope that some of the world’s biggest investors will pour billions of dollars into an asset class billed as a hedge against inflation . . . more
States Face Pension Stress as GASB Rules Widen Gap
States may face increased retirement- fund deficits and pressure to stop skipping pension contributions under proposals being reviewed by the Governmental Accounting Standards Board . . . more
Willie Brown joins Schwarzenegger to argue for public pension changes
With former Assembly Speaker Willie Brown at his side, Gov. Arnold Schwarzenegger issued a new demand Thursday that a specific change in state worker pensions be made before he signs off on a budget. . . . more
CA: ROLLING BACK PENSION COSTS: HOW FAR WILL IT GO?
The Highway Patrol union that negotiated the most generous pension formula a decade ago, a trendsetter for police and firefighters statewide, has tentatively agreed to reduce pensions for new hires. . . . more
OR: Oregon's pension woes a national phenomenon, S&P says
The coming Oregon PERS employer rate increases are part of a national trend, according to a report released today by Standard & Poor's Ratings Services . . . more
NY: BP sued by nation's No. 3 public pension fund
The nation's third-largest public pension fund on Wednesday initiated a class action suit against BP for losses incurred due to the oil spill in the Gulf of Mexico. . . . more
SEC Moves To Bar ‘Pay-To-Play’ At Public Pensions
In the wake of a New York corruption scandal that ensnared several high-profile alternative investment funds, the Securities and Exchange Commission has moved to stamp out “pay-to-play” practices at public pension funds. . . . more
Unfunded Pensions Won’t Cause Municipal Insolvency, Report Says
Unfunded public pension liabilities won’t result in defaults by municipal bond issuers because the problem isn’t severe enough to cause financial distress, a report by Herbert J. Sims & Co. analyst Richard Larkin said. . . . more
BP Oil Disaster Costs U.S. State Pensions $1.4 Billion in Value
The California Public Employees’ Retirement System lost $284.6 million in value as the largest oil spill in U.S. history erased more than $1.4 billion from BP Plc shares held by 42 state retirement accounts, data compiled by Bloomberg show . . . more
Businesses Profit from the BP Cleanup
While much of the Gulf economy is battered, cleanup specialists from tiny Prestige Products to giant Fluor are reaping a huge bounty . . . more
More HeadlinesMore Headlines
Home | Search | Tell a Colleague | Registration | Privacy Policy | Terms of Service | Forgot Your Login

© 2009 Public Pensions Online. All Rights Reserved. Reproduction without permission prohibited.