Pensions
CDPQ Acquires $546M Stake in Ohio Electric Utility
The Quebec pension fund’s indirect equity investment in AES Ohio is expected to close in the first half of 2025.
Attorney General Dave Yost accused the members of breaching their fiduciary duty to the fund.
Moody’s warns that a prolonged conflict could hurt the country’s credit rating.
Research finds education retirement costs are significantly outpacing education spending.
Asset allocation for the six plans has shifted toward alts and away from US equities over the past decade.
In transparency move, proposed bill would also create a new legislative panel to review pension system fees and employee salaries.
The board at OPERS voted to reduce medical benefits to avoid collapse by 2030.
Pension participants filed suit after program’s pullout from healthcare coverage.
Plaintiffs says retirement system board reduced benefits unlawfully.