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About 462 results for "Illinois Pension Funding Act"

Northern Trust Path Forward Study: 3 Actions to Drive Improved...

CHICAGO--( BUSINESS WIRE )--A decade after the Pension Protection Act (PPA) of 2006 ushered in an era of reform for the U.S. retirement system, defined contribution plans are still falling short in promoting savings and offering investments that ... Business Wire, 1 week ago
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Chicago City Council passes tax for pensions, airport bonds

CHICAGO, Sept 14 (Reuters) - The last piece of Chicago's pension funding puzzle fell into place on Wednesday with final approval of a tax on water and sewer usage to save the largest of the city's four retirement systems from going broke. The ...
 Yahoo! Finance1 week ago Chicago Teachers discovers $2.8M in overpayments  Pensions and Investments Online1 month ago
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Illinois pension fund lowers investment rate, hikes state payment

CHICAGO, Aug 26 (Reuters) - Illinois will face an estimated $420 million increase in pension payments after the state's biggest public retirement system on Friday lowered its assumed investment rate of return to 7 percent from 7.5 percent. The ...
 Yahoo! Finance1 month ago UPDATE 2-Illinois pension fund lowers investment rate, hikes state payment  Reuters UK1 month ago CORRECTED-UPDATE 1-Illinois pension fund lowers investment rate, hikes state payment  Reuters UK1 month ago UPDATE 1-Illinois pension fund lowers investment rate, hikes state payment  Yahoo! Finance1 month ago
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Alternative Assets Evolve

Art by Jing Wei In the 10 years since the enactment of the Pension Protection Act (PPA), defined benefit (DB) pension plan sponsors have been motivated to shift portfolio allocations. The most notable change has been a de-risking through scaling ...
 PLANSPONSOR.com1 week ago

Rauner Administration Takes Action to Help Illinoisans Find Lost Life Insurance Money

- New website streamlines search process, eliminates need for private finder companies saving millions for IL pension system - -- Governor calls on General Assembly & Treasurer to stop contingency arrangements to save taxpayer dollars -- CHICAGO ...
 Illinois.gov1 month ago
Breitbart.com

Cook County Pension Liability Skyrockets from $6 to $15 Billion

SIGN UP FOR OUR NEWSLETTER Often referred to as America's Most Corrupt County , Cook County, Illinois — which includes Chicago — was just forced by its actuaries to restate its unfunded pension liability from $6 billion to $15.3 billion. ...
 Breitbart.com2 months ago

Public pensions are being overly optimistic—but not in the way you think

This column often tackles controversial issues: race, gender, crime, the tragedy of people who order steak in restaurants. Today, however, we're going to have some real fireworks. We're going to talk about the appropriate discount rate for ...
 Crains ChicagoBusiness6 days ago
Investing.com

U.S. coal miners hit Congress to rally for pension protection

By Valerie Volcovici WASHINGTON (Reuters) - About 10,000 retired coal miners and their families descended upon the U.S. Congress on Thursday to pressure lawmakers to pass stalled legislation that would prevent 22,000 of them from losing their ...
 Yahoo! India2 weeks ago UPDATE 1-U.S. coal miners hit Congress to rally for pension protection  Reuters India2 weeks ago As coal declines, 10,000 workers remain to support 120,000 retirees  Miami Herald2 weeks ago
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Remap ruling | Food truck scofflaws | Police reforms?

A narrowly divided Illinois Supreme Court knocked off the November ballot a referendum to change the way legislative districts are drawn, handing a victory to House Speaker Michael Madigan and a defeat to Gov. Bruce Rauner, Crain's Greg Hinz ...
 Crains ChicagoBusiness1 month ago

California's New Fee Disclosure Law For Public Pension Plans Investing In Alternative Investment Vehicles

, California Governor Jerry Brown signed into law a bill intended to provide transparency with respect to fees and expenses paid by California public pension or retirement systems (PPPs) to private equity funds, venture funds, hedge funds and ...
 JD Supra5 days ago Look Who's Coming to Private Equity's Defense on Fee Secrecy  Bloomberg1 month ago New California Law Requires Increased Private Fund Fee and Expense Disclosure  JD Supra12 hours ago New California Law Mandating Disclosure of Certain Fees and Expenses  JD Supra6 days ago
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