CalPERS is the largest public pension fund in the United States, with its investment office managing more than $500 billion ...

By now, private equity funds account for roughly 13 percent of the total holdings of all public pension funds across the United States. Oregon’s fund in June contained 27.8 percent private ...

Many of those plans are badly underfunded, some at near-critical levels. According to a Pew study, the nation’s public employee pension plans were a staggering $1.25 trillion in debt as late as ...

Similar DROP programs were rife with controversy in San Diego and Los Angeles, but county officials are pushing ahead with the plan in a bid to curb overtime costs at the Sheriff’s Office.

In most states, taxpayers are responsible for picking up the bill if a public employee plan is unable to meet its obligations. How Pension Funds Invest Their Money ERISA does not dictate a pension ...

The funding level for pensions varies quite a bit from state to state. In two states and the District of Columbia, public pensions—the majority of which are for school employees—are funded at ...

86% of Americans say all workers should have a pension, not just public workers. While companies like Boeing and 3M are phasing out their pension plans, more and more employees see the pension as ...

Across the states, America’s public employee pension plans are a ticking, insolvent time bomb. “For most states,” the Pew State Fiscal Health Project said in July 2022, “unfunded pension ...

Across the states, America’s public employee pension plans are a ticking, insolvent time bomb. “For most states,” the Pew State Fiscal Health Project said in July 2022, “unfunded pension ...

The phrase “pension benefits” may come up a lot in the next several days as negotiations between the United Auto Workers union and the Big Three automakers go down to the wire to avert a strike.