Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. This week we cover topics including: ...
Ohio's five public pensions systems collectively lost $32 billion in the tough investment market last year − huge losses that will take years to recover. The biggest loss occurred with the biggest ...
Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. This week we cover topics including: ...
WASHINGTON--(BUSINESS WIRE)--Public pension funds’ average funding ratio increased to 77.8% in 2022, with the majority of pensions’ revenue (68%) coming from investment returns, according to an annual ...
When State Auditor Keith Faber announced to stakeholders in the State Teachers Retirement System of Ohio, including active government workers, retirees and taxpayers, his office was initiating a ...
Mercer CFA Institute Global Pension Index released its annual report that looks at 44 global pension systems, which account for 65% of the world's population, and ranks them from the best to worst.
Investment losses last year eroded funding ratio gains achieved a year earlier by Chicago's pension system, casting a shadow over a healthy pickup of taxes on the city's audited financial results. The ...
The Louisiana Firefighters’ Retirement System lost $247.4 million in fiscal year 2022, as the system added 91 retirees that increased benefit payouts by $6.2 million, according to a recent financial ...