Tag: Michigan

Pensions September 5, 2024

Michigan Pension Fund Files Complaint Against ZoomInfo

The City of Pontiac Police and Fire Retirement System alleges the software and data company made misleading statements.

Pensions July 26, 2024

Only three public pension funds are known to have acquired these types of ETFs.

Pensions March 7, 2023

Research finds education retirement costs are significantly outpacing education spending.

Newsmakers February 25, 2022

The bill is targeted at underfunded pensions throughout the state.

Newsmakers February 1, 2022

Currently, there are only 12 states that do not tax retirement income. Michigan might become the 13th.

Risk October 8, 2019

Detroit Carpenters plan to become insolvent in 15 years without government intervention.

Newsmakers June 5, 2019

Pension reapplies for reduction after withdrawing first application in October.

Asset Allocation May 15, 2019

Private equity, credit, and hedge fund strategies, recipients of extra investments earlier this year, may be in line for more still.

Newsmakers April 17, 2019

A far-sighted investment in Concord Music is now the Wolverine State’s secret weapon against a possible recession.

Research August 21, 2017

Foundation attributes strong gains to active management.

Newsmakers July 20, 2017

Urges for better reporting and transparency, creation of local government pension/stress test system.

Newsmakers July 14, 2017

The new law will shift current retirement plans to a new DC hybrid.

Risk June 22, 2017

If Senate Bill 401 passes, hybrid plans would get a 7% contribution state and schools.

Risk June 16, 2017

Teachers union says “back-room deal” would increase financial risk for new hires without improving funding.

Newsmakers May 2, 2017

Group calls for all new public employees to be put in defined contribution plans.