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Thursday, April 18, 2013

The American Federation Of Teachers Sent Out A Big Watch List Of...

... list" for hedge funds who might have an opposing stance on their defined benefit plans (DB plans). 's workers and pension trustees deserve to know if the asset managers they are investing their hard-earned retirement savings with are also aligned ...

http://www.businessinsider.com/aft-watch-list-of-hedge-funds-2013-4?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29

Triumph Jobs Discussed

... of the trade union, the works council and the management lasted for more than two hours. An employee of the pension insurance company will come to the company and calculate the remaining work time of the employees. Gabriele Gruber, chairperson of ...

http://www.austriantimes.at/news/Business/2013-04-18/48083/Triumph_Jobs_Discussed

Freedom of misinformation

... had not worked for some time. She was a retired artisan. Together, they had no more than 500 euro a month, from her pension, to live on. In Italy, a country in deep economic malaise and political disarray, there is no shortage of people struggling ...

http://www.vanguardngr.com/2013/04/freedom-of-misinformation/

Northville facing $40 million in legacy costs

... heads. "Our challenge as you all know, is finding a plan to make head way on our legacy costs. Both for our pension obligations and our retiree health care obligations." Sullivan said these two combined legacy costs are around an estimated $40 ...

http://www.hometownlife.com/article/20130418/NEWS12/304180404/Northville-facing-40-million-in-legacy-costs

Ohio school retirement board votes to take controversial Hawaii trip

Despite outrage from lawmakers and retirees and the bright glare of media scrutiny, the School Employees Retirement System board again refused to cancel plans to send two trustees to a five-day conference in Hawaii next month and declined to adopt the same travel limits followed by the state's four other public pension systems.

http://www.whiotv.com/news/news/state-regional/ohio-school-retirement-board-votes-to-take-controv/nXQSb/

OCERS to hire 3 managers for direct lending

Orange County Employees Retirement System , Santa Ana, Calif., on April 24 will consider hiring three managers for initial direct lending commitments, according to the agenda for the $9.9 billion pension fund's investment committee meeting.

http://www.pionline.com/article/20130418/DAILY/130419862?

Kentucky Update: Instant Racing

... In February 2013, House Speaker Greg Stumbo (D) introduced House Bill 416, which was in part designed to pay for pension reform for the state retirement system by utilizing revenue from Instant Racing. 12 The bill, which passed the House on February ...

http://www.jdsupra.com/legalnews/kentucky-update-instant-racing-85776/