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June 5, 2018: NCPERS News Clips
Posted On: Jun 05, 2018

News Clips for June 5, 2018


National News

From the classroom to the campaign trail: Emboldened teachers run for office
     "I ran to make education an issue," said Mallard, whose campaign logo includes the silhouette of an apple. "In the classroom, teachers see the failed policies of Richmond and D.C. play out every day."

Why U.S. Retirees Are Waiting Longer to Claim Social Security
     Fewer Americans are asking Social Security to "show me the money" as soon as possible.

State News

California Supreme Court hears challenge to San Diego's pension changes
     The state Supreme Court started hearing oral arguments Tuesday in San Francisco over San Diego's pension changes that were approved by voters six years ago.

Group sues to kill California Secure Choice program
     A taxpayer lobbying organization sued to halt implementation of the California Secure Choice Retirement Savings program - a new state defined contribution plan for private-sector workers that do not have access to a tax-favored retirement plan.

Rauner Signs Full-Year Budget For First Time Since Taking Office
     (Illinois) Rauner signed the $38.5 state budget plan Monday, nearly a year after his veto on budget and tax hike bills.

Matt Bevin asks for 'hack' judge to leave pension lawsuit. He refused
     (Kentucky) Gov. Matt Bevin has asked Franklin Circuit Judge Phillip Shepherd to step down from presiding over the high profile lawsuit challenging the legality of the new pension law because any ruling in the case could affect Shepherd's own pension.

Dayton signs pension bill aimed at long-term stability in state retirement system
     (Minnesota) Promise of increased stability has thousands of retirees, public employees breathing easier. 

Rhode Island Supreme Court Upholds Pension Cuts
     Court rules that suspension of cost-of-living adjustments was 'fair.'

Canadian News

Canada pension funds may be long-term buyers of Kinder pipeline  
     Canada's biggest public pension funds could be long-term buyers of Kinder Morgan Canada Ltd's <KML.TO> Trans Mountain pipeline but are unlikely to invest until the C$7.4 billion ($5.7 billion) project has been built, several pension fund sources said on Tuesday.

Ontario Teachers Pension Plan Board Boosts Holdings in Canadian Natural Resources (CNQ)
     Ontario Teachers Pension Plan Board raised its holdings in shares of Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) by 31.4% during the first quarter, according to its most recent filing with the SEC. 


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