News Clips for October 3, 2018
NPPC Video: How The Koch Brothers Steal Your Pension
The Koch Brothers want to take money out of working America's pockets and give it to Wall Street. Their plan of attack? Setting up "research institutions" that will discredit pensions.
Report: Trustees Leading Public Pension Funds Astray
Unaligned incentives of board members are being blamed for state pension funds' financial woes.
SEC urged by institutions to mandate ESG disclosure
Institutional investors representing more than $5 trillion in assets are calling on the Securities and Exchange Commission to require public companies to uniformly disclose environmental, social and governance information.
Worried about CalPERS? Three new laws could protect workers, governments.
It was one of several bills Brown signed in his final legislative session that don't solve the state's public pension crisis but provide some protection for retirees and a new saving mechanism for local governments to manage their long-term CalPERS costs.
IPERS lawsuit accusing Wall Street banks of conspiracy moves forward, federal judge rules
An IPERS lawsuit alleging Wall Street banks engaged in a wide-ranging conspiracy to maintain exclusive control of the $1-trillion-plus stock loan market can continue, a federal judge ruled this week.
Kentucky Supreme Court hears arguments on future of public pension system
Kentucky's highest court grilled the two most powerful attorneys in the state government over the controversial pension overhaul.
NJ Pension Fund Returns 9.06% in Fiscal 2018
Solid returns raise fund's total market value to $78.2 billion.
Oregon PERS Q&A
This is the first of a weekly Q&A focused on the Oregon Public Employee Retirement System.
Canadian pension funds reach median full funding to end quarter
Canadian public and corporate pension plans' median funding levels hit new highs in the third quarter, according to two reports.