Retirement Systems

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1d
Central Illinois News Center
Illinois to get $22.5M in Morgan Stanley settlementSPRINGFIELD, Ill. -- Wall Street giant Morgan Stanley will pay more than $3 bil
Illinois to get $22.5M in Morgan Stanley settlement
Central Illinois News Center / Posted yesterday
SPRINGFIELD, Ill. -- Wall Street giant Morgan Stanley will pay more than $3 billion in a settlement for misconduct, that contributed to the 2008 financial crisis. As part of the settlement, Morgan Stanley admits it sold mortgage loans to investors... Read more
2d
Crain's Chicago Business
Civic Federation lays out painful plan to stabilize Illinois financesThe Civic Federation is offering a revamped version of its blueprint to rescue
Civic Federation lays out painful plan to stabilize Illinois finances
Crain's Chicago Business / Posted 2 days ago
The Civic Federation is offering a revamped version of its blueprint to rescue the state from its ongoing fiscal crisis, and though the plan again calls for a major tax hike, it also proposes two new things: a partial financial rescue of Chicago... Read more
6 related stories
3d
Al.com
What is Alabama's tallest building?Let's face it - Alabama's skylines aren't as impressive as somewhere like New Y
What is Alabama's tallest building?
Al.com / Posted 3 days ago
Let's face it - Alabama's skylines aren't as impressive as somewhere like New York, at least in terms of sheer height. New York is home to the country's tallest building – One World Trade Center in lower Manhattan – which reaches 1,776 feet. It's... Read more
4d
The Post-Standard
What's up with the Jordan-Elbridge proposed school budget? It spends lessThe Jordan-Elbridge Central School District's proposed budget for 2016-2017 con
What's up with the Jordan-Elbridge proposed school budget? It spends less
The Post-Standard / Posted 4 days ago
The Jordan-Elbridge Central School District's proposed budget for 2016-2017 contains something not normally seen in school budgets. The district projects it will spend less next year and it won't need a tax hike either. The district has proposed a... Read more
4d
Everett Herald
Inslee to discuss Senate actions on cabinet appointeesPublished: Monday, February 8, 2016, 7:07 a.m. Democratic Gov. Jay Inslee wi
Inslee to discuss Senate actions on cabinet appointees
Everett Herald / Posted 4 days ago
Published: Monday, February 8, 2016, 7:07 a.m. Democratic Gov. Jay Inslee will address the ousting of one cabinet member and the resigning of another at a news conference Monday morning. And... Read more
5d
KCEN-TV
New Military Retirement Law Creates Big Decisions for Many Troops(Army Times) -- Hundreds of thousands of service members face a critical decisi
New Military Retirement Law Creates Big Decisions for Many Troops
KCEN-TV / Posted 5 days ago
(Army Times) -- Hundreds of thousands of service members face a critical decision during the next year that could have a huge impact on their future financial security: Whether to opt into the new military retirement system or stick with the... Read more
6d
Air Force Times
New military retirement law creates big decisions for many troopsHundreds of thousands of service members face a critical decision during the ne
New military retirement law creates big decisions for many troops
Air Force Times / Posted 6 days ago
Hundreds of thousands of service members face a critical decision during the next year that could have a huge impact on their future financial security: Whether to opt into the new military retirement system or stick with the traditional one. Signed... Read more
10d
Chicago Tribune
Michelle Obama might have loosened social media rules for first daughtersWelcome to Clout Street: Morning Spin, our weekday feature to catch you up with
Michelle Obama might have loosened social media rules for first daughters
Chicago Tribune / Posted 10 days ago
Welcome to Clout Street: Morning Spin, our weekday feature to catch you up with what's going on in government and politics from Chicago to Springfield. It's Wednesday, Feb. 3, and first lady Michelle Obama seems to have loosened the social media... Read more
10d
The Morning Call
Gov. Tom Wolf shutting down public pension review agencyOn the fifth floor of one of the more obscure office buildings in the state Cap
Gov. Tom Wolf shutting down public pension review agency
The Morning Call / Posted 10 days ago
On the fifth floor of one of the more obscure office buildings in the state Capitol complex is a small agency with a big mission but no bite — and now no money. It is the Public Employee Retirement Commission, known as PERC. Since its founding in... Read more
3 related stories
11d
Arkansas Democrat-Gazette
Teacher retirement investments gain 3.2% in quarterThe Arkansas Teacher Retirement System's investments gained $293 million in val
Teacher retirement investments gain 3.2% in quarter
Arkansas Democrat-Gazette / Posted 11 days ago
The Arkansas Teacher Retirement System's investments gained $293 million in value to total nearly $14.4 billion last quarter, before what an investment consultant called "a very tough month" for stock markets in January. The system's investment... Read more
13d
The Oklahoman
Oklahoma Legislature prepares to do battle with budget deficitSometimes fear is a great motivator. Gov. Mary Fallin hopes the Legislature su
Oklahoma Legislature prepares to do battle with budget deficit
The Oklahoman / Posted 13 days ago
Sometimes fear is a great motivator. Gov. Mary Fallin hopes the Legislature succeeds this year where it hasn't in the past to change the "gimmicks and tricks" she says are used to fund the state budget. A scary budget hole may help her... Read more
4 related stories
15d
WSFA 12 Montgomery
AL House Republicans unveil agenda for 2016 sessionA sales ban on fetal body parts, small business tax credits, and Second Amendme
AL House Republicans unveil agenda for 2016 session
WSFA 12 Montgomery / Posted 15 days ago
A sales ban on fetal body parts, small business tax credits, and Second Amendment protections are among a host of items unveiled Thursday as part of the Alabama's House Republican Caucus' upcoming legislative agenda. The Caucus is promising to use... Read more
17d
The Advocate
An overinflated, misguided metaphorThe Jan. 22 commentary regarding the Public Employee Retirement System’s Actuar
An overinflated, misguided metaphor
The Advocate / Posted 17 days ago
The Jan. 22 commentary regarding the Public Employee Retirement System’s Actuarial Committee’s decision to accept a recommendation allowing employer contributions to state retirement systems to remain steady for six months was most creative.... Read more
17d
Marshall County Tribune-Courier
Coursey files for re-election - Press Release State Representative Will Coursey who was first elected to the Kentucky House of Representatives in early 2008 announced last week that he is seeking another two-year term representing the 6th House Di...Marshall County Tribune Courier State Representative Will Coursey, who was fir
Coursey files for re-election - Press Release State Representative Will Coursey who was first elected to the Kentucky House of Representatives in early 2008 announced last week that he is seeking another two-year term representing the 6th House Di...
Marshall County Tribune-Courier / Posted 17 days ago
Marshall County Tribune Courier State Representative Will Coursey, who was first elected to the Kentucky House of Representatives in early 2008, announced last week that he is seeking another two-year term representing the 6th House... Read more
18d
KFVS 12 Cape Girardeau
Bevin: Kentucky budget must go 'beyond break even'By ADAM BEAM Associated Press FRANKFORT, Ky. (AP) - Republican Gov. Matt Bevi
Bevin: Kentucky budget must go 'beyond break even'
KFVS 12 Cape Girardeau / Posted 18 days ago
By ADAM BEAM Associated Press FRANKFORT, Ky. (AP) - Republican Gov. Matt Bevin says Kentucky's two-year state spending plan must go beyond break even, calling for the state to generate more money to fix the multi-billion shortfalls that threaten to... Read more
2 related stories
18d
WOWK-TV West Virginia
Bevin: Kentucky budget must go 'beyond break even'FRANKFORT, Ky. (AP) - Republican Gov. Matt Bevin says Kentucky's two-year state
Bevin: Kentucky budget must go 'beyond break even'
WOWK-TV West Virginia / Posted 18 days ago
FRANKFORT, Ky. (AP) - Republican Gov. Matt Bevin says Kentucky's two-year state spending plan must go beyond break even, calling for the state to generate more money to fix the multi-billion shortfalls that threaten to collapse its public retirement... Read more
2 related stories
19d
Alaska Public
Kenai Peninsula Borough sends wish list to legislature Borough Mayor Mike Navarre isn’t optimistic the legislature will appropriate
Kenai Peninsula Borough sends wish list to legislature
Alaska Public / Posted 19 days ago
Borough Mayor Mike Navarre isn’t optimistic the legislature will appropriate funds for the borough’s wish list, but he says it’s still important to ask. “We don’t expect many of these projects... Read more
21d
The Advocate
Prudence? Not this year, say the school systemsThe childhood parable of the grasshopper and the ant appears to have faded from
Prudence? Not this year, say the school systems
The Advocate / Posted 21 days ago
The childhood parable of the grasshopper and the ant appears to have faded from the memories of Louisiana’s school board members, teacher unions, principals and superintendents. That phalanx of the education establishment won a fight over whether... Read more
21d
Orange County Register
Public pensions spared attack by ballot measureFormer San Diego Councilman Carl DeMaio and former San Jose Mayor Chuck Reed an
Public pensions spared attack by ballot measure
Orange County Register / Posted 21 days ago
Former San Diego Councilman Carl DeMaio and former San Jose Mayor Chuck Reed announced this week that they have, once again, failed in their effort to launch ballot initiatives aimed at destroying public employee retirement systems. This follows on... Read more
22d
The Advocate
Why Louisiana board refuses to change pension formula to help shore up teachers’ retirementA state board refused Thursday to go along with the legislative auditor’s recom
Why Louisiana board refuses to change pension formula to help shore up teachers’ retirement
The Advocate / Posted 22 days ago
A state board refused Thursday to go along with the legislative auditor’s recommendation to change part of the pension formula to help shore up the state teachers retirement system. School boards feared the change would saddle them with millions of... Read more
2 related stories
22d
The Florida Times-Union
Union leaders tell Duval lawmakers they support pension bill for nowTALLAHASSEE | Jacksonville police and fire union leaders support Mayor Lenny Cu
Union leaders tell Duval lawmakers they support pension bill for now
The Florida Times-Union / Posted 22 days ago
TALLAHASSEE | Jacksonville police and fire union leaders support Mayor Lenny Curry’s pension bill as currently written, but they told local lawmakers Thursday that their support could fade depending on how the measure is amended in the future. Kerri... Read more
23d
Market Watch
‘Flash Boys’ star IEX: No compromise on exchange applicationExecutives from IEX, the company that hopes to become Wall Street’s newest stoc
‘Flash Boys’ star IEX: No compromise on exchange application
Market Watch / Posted 23 days ago
Executives from IEX, the company that hopes to become Wall Street’s newest stock exchange, said Wednesday that they will not modify its signature “speed bump” meant to combat some high-frequency trading techniques while facing a fight for... Read more
23d
The Advocate
Retirement flap pits education groups against auditorOfficials of seven influential education groups said Wednesday local school dis
Retirement flap pits education groups against auditor
The Advocate / Posted 23 days ago
Officials of seven influential education groups said Wednesday local school districts will face a $95 million charge if the state adopts retirement changes Thursday recommended by Legislative Auditor Daryl Purpera. Scott Richard, executive director... Read more
2 related stories
23d
The Advocate
Retirement flap pits education groups against auditorOfficials of seven influential education groups said Wednesday local school dis
Retirement flap pits education groups against auditor
The Advocate / Posted 23 days ago
Officials of seven influential education groups said Wednesday local school districts will face a $95 million charge if the state adopts retirement changes Thursday recommended by Legislative Auditor Daryl Purpera. Scott Richard, executive director... Read more
2 related stories
23d
WTVM 9 Columbus
Montgomery to become first city in AL to have Internet ExchangeMontgomery is now one of just four cities in the Southeast - and the first in A
Montgomery to become first city in AL to have Internet Exchange
WTVM 9 Columbus / Posted 23 days ago
Montgomery is now one of just four cities in the Southeast - and the first in Alabama - with an Internet Exchange, announced city leaders at a news conference Wednesday. The announcement means faster internet connections and a significant economic... Read more
23d
WSFA 12 Montgomery
Montgomery to become first city in AL to have Internet ExchangeMontgomery is now one of just four cities in the Southeast - and the first in A
Montgomery to become first city in AL to have Internet Exchange
WSFA 12 Montgomery / Posted 23 days ago
Montgomery is now one of just four cities in the Southeast - and the first in Alabama - with an Internet Exchange, announced city leaders at a news conference Wednesday. The announcement means faster internet connections and a significant economic... Read more
28d
Channel NewsAsia
DPM Tharman to speak at World Economic ForumSINGAPORE: The Republic's Deputy Prime Minister Tharman Shanmugaratnam will spe
DPM Tharman to speak at World Economic Forum
Channel NewsAsia / Posted 28 days ago
SINGAPORE: The Republic's Deputy Prime Minister Tharman Shanmugaratnam will speak at the World Economic Forum (WEF) in Davos, Switzerland later this month, announced the Ministry of Foreign Affairs (MFA) on Saturday (Jan 16). DPM Tharman, who is... Read more
28d
Anderson Independent-Mail
Haley: Road repairs require $345 millionS.C. Gov. Nikki Haley set her priorities for spending $1 billion in added state
Haley: Road repairs require $345 million
Anderson Independent-Mail / Posted 28 days ago
S.C. Gov. Nikki Haley set her priorities for spending $1 billion in added state tax revenue Friday, emphasizing more money for roads, her education plan and phasing in her income-tax cut proposal. Haley's budget outlines her priorities to S.C.... Read more

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