Forensic Investigation Of Chicago Police Pension Fund Underway forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Why Some Public Pensions Could Soon Look Much Worse
A
Governing analysis shows how a new accounting rule dramatically changes some plans pension liabilities and will likely force many states to finally face their obligations.
March 13, 2015 •
Standing in a crowded hallway outside a committee room in the Kentucky State Capitol, House Speaker Greg Stumbo is surrounded by thankful teachers and skeptical reporters. It is mid-February and the committee has just approved his proposal to borrow $3.3 billion to shore up the state’s teacher retirement system. Stumbo has argued that current, historically low interest rates are a window of opportunity to solidify funding for the troubled system. But, notes one reporter, borrowing $3.3 billion would be a challenge since it would be the largest bond offering in Kentucky’s history.
Kentucky tops up real estate commitments with additional $300 million
Kentucky tops up real estate commitments with additional $300 million
Getty Images
Kentucky Public Pensions Authority, Frankfort, added a total of $300 million to two existing open-end core real estate fund investments.
KPPA investment staff made a follow-on commitment of $200 million to Harrison Street Core Property Fund, managed by Harrison Street Real Estate Capital; and $100 million to Prologis Targeted U.S. Logistics Fund, said Steven Herbert, executive director, office of investments, in a remote investment committee meeting Tuesday.
The follow-on commitments were made because the investment committee in November had approved increasing the five Kentucky pension funds target to real estate to 10% from 5% after the completion of an asset allocation study by investment consultant Wilshire Associates.
Kentucky Public Pensions Authority Names Board Members | Chief Investment Officer ai-cio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ai-cio.com Daily Mail and Mail on Sunday newspapers.
Town Hall talks fall 2021guidelines, tuition and COLA
Posted By: News Editor
April 15, 2021
Emery Wainscott
ewainscott@murraystate.edu
The annual University Town Hall took place virtually this year on Wednesday, April 14. President Bob Jackson outlined plans for the fall 2021 semester, detailed budget updates and how the Cost-of-Living Adjustment (COLA) will affect Murray State employees.
COVID-19 Restrictions
Jackson said the administration is planning for the fall 2021 semester to resemble the fall 2019 semester.
“After Commencement on May 8, 2021, we will begin transitioning to normal operations while adhering to continued guidance from our state and local health officials, as well as the Centers for Disease Control,” Jackson said in an email to students on March 25. “We will make all adjustments to operations in a safe and healthy manner.”