Haves and Have Nots: Virus Effect Will Widen the Public Pension Divide
When the crisis abates, the gap between well-funded plans and the others will be even larger.
When the crisis abates, the gap between well-funded plans and the others will be even larger.
The state government secured an unprecedented $300 million in debt last week to tackle the coronavirus public health crisis.
Rhode Island city had been sued for suspending police, firefighter COLAs.
Legislation would require church plans to follow ERISA standards.
High court reluctantly rejects challenge to 10-year suspension of COLAs.
State urges them to join consortium it administers and turn things around.
State retirement system’s investments return 4.14% in January.
Treasurer Magaziner pulls ESG proxy proposal.
Lawsuit alleges executives at Alphabet Inc. hid vulnerability that allowed 52 million users' privacy to be compromised.
Fund adds $125 million to reach $8.4 billion, beats benchmarks.
State pension outpaces benchmark over the past 10 years.
Seth Magaziner says religious funds should have to abide by ERISA rules.