
Newsmakers
New Mexico PERA Gets a Task Force
Governor-appointed group to find ways to patch up $6 billion-plus funding deficit.
Proposes three-year suspension on COLA adjustments to help attain 100% funded status by 2043.
Fund for state and municipal workers scrambles to find own bailout blueprint to patch up funding.
Despite double-digit returns, the systems aren’t out of the woods yet.
L.A. County retirement system had been without a permanent CIO for almost two years.