Manager Selection
Virginia’s Ronald Schmitz Goes Out on a High Note
The retiring Virginia Retirement System CIO helped more than double the fund’s portfolio value in a decade.
Tag: Oregon Public Employees Retirement System (PERS)
Regulation
Oregon Supreme Court Upholds Pension Benefit Cuts
Unanimous ruling finds that an employer is not prevented from changing the terms of future work.
Corporate Moves
Skjervem Resigns From Oregon State Treasury
The chief investment officer is moving to an investment management consulting firm in Northern California.
Risk
Oregon PERS Keeping Assumed Rate at 7.2%
Past returns over five years are lower, at 6.5% annually. The fund cites investing uncertainty in standing pat.
Regulation
Oregon Pension Reform Squeaks Through Legislature
Bill barely passes both chambers; governor expected to sign into law.
News
Oregon Democrats Offer Pension Peace Treaty to Revolting Republicans
Newly proposed pension reform offers a new path to funding the troubled PERS.
Regulation
Oregon Gov. Proposes Robin Hood Pension Solution
To fix state’s retirement systems that are ‘ill-prepared’ for economic downturn, Kate Brown plans to take from the rich and give their tax dollars to its poorly funded pensions.
Asset Allocation
Oregon to Invest Up to $3.5 Billion in Private Equity in 2019
Plans to relaunch revised co-investment program and beef up PE team.
Regulation
A Bipartisan Plan to Revamp Oregon’s Pension System
Dem backing a Republican bill improves its chances in a blue legislature.
Newsmakers
Oregon PERS Scrambles for Ideas to Bolster Public Pension Plan
Gov. Kate Brown wants to put $2 billion into schools and retirement system.
Oregon Pension System Vulnerable to Attacks
Audit report finds ‘severe deficiencies’ in state pension’s disaster recovery system.
Corporate Moves
Oregon Pension System Faces Leadership Vacuum
Bad timing: Top-level departures loom as showdown over financial woes nears.
Newsmakers
Oregon Task Force Offers Ways to Cut Pension Deficit by $5 Billion
Ideas include privatizing universities, and boosting alcohol and lottery revenue.
Newsmakers
Oregon PERS Changes Investment Strategy
Individual account programs will be shifted into target-date funds in 2018.
Newsmakers
Oregon Task Force Pension Proposals Could Affect Oregonian Bank Accounts
In order to reduce Oregon PERS’ pension deficit, Governor Kate Brown to look at a series of out-of-the-box options.