Program could save $7 million per year for the fund.
Proposed legislation would benefit teachers and state employees missing out on cost-of-living raises.
Despite a 0.9% decrease, plans up 7.3% in past 12 months.
The largest annualized growth over past five years is from North American funds.
Total assets under management rise to more than $190 billion.
30-year industry leader to succeed Len Brennan, who will become strategic advisor to the firm.
Report finds most companies are interested in pension risk transfers.
Growth of liabilities outpaced assets, however, deficits are down from a year ago.
Approval is the first under the Multiemployer Pension Reform Act of 2014.
SB 1947 to provide relief for cash-strapped school districts as well as employee retirements.
An unreported death cost Wilmington, Delaware, 20 years’ worth of unnecessary spousal benefit payments.
Comptroller says strong investment returns are keeping rates stable.
The new “utility settlement coin” to operate under blockchain technology.
Investments returned 14.6%, giving the fund its best half-year performance in five years.