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Ex-Biafra police officers lament hiccups in accessing pensions
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By Dennis Agbo
Retired Nigeria Police officers from the South-East and South-South geopolitical zones, who equally served the defunct Biafra Republic during the civil war, have lamented obstacles mounted by the Pension Transitional Arrangement Directorate, PTAD, in accessing their pensions and gratuity.
In a stakeholders’ interactive meeting organised by PTAD last week, to create an avenue for some of the retirees who have issues with their pensions to leverage on and resolve their matters, the senior citizens stated that some of the documents required from them to access their pensions were not with them.
Los Angeles Fire & Police eyes up to $950 million in private equity commitments
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Los Angeles Fire & Police Pensions plans to commit $700 million to $950 million to private equity in 2021, the $27.8 billion pension plan s private equity strategic plan update shows.
LAFPP committed $734.2 million to private equity in 2020.
The plan had about $3 billion in private equity as of Sept. 30, representing 12.1% of the total plan. Los Angeles Fire & Police Pensions target private equity allocation is 14%.
In the first nine months of 2020, the pension plan s private equity allocation had a net negative cash flow of $105 million for the first time since 2011, when it had a net negative cash flow of $62 million. Net negative cash flows means that the pension plan made more contributions than it received back from its general partners in distributions.
First Black police officer killed in San Antonio remains unsolved murder 80 years later
Julius Alberson, 29, was becoming a community leader, had a promising future
Andrew Wilson, Digital Journalist/Social Media Producer
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SAN ANTONIO – A Thursday night out on patrol alone ended in tragedy for San Antonio patrolman Julius Alberson on Dec. 4, 1941.
Within minutes, the “well-liked” officer, who was responding to a disturbance at a dance hall in the 500 block of East Commerce Street downtown, was fatally shot with his own revolver.
“City Policeman Slain at Dance” spread across the front page of the
San Antonio Express the following day. A revolver disappeared, 10 soldiers were detained and one mystery remained who really pulled the trigger to kill Alberson, the local newspapers asked. The 29-year-old had only been on the force for nine months at the time of his death.
One of the larger items in the levy is the police pension fund. Your browser does not support the audio element.
Coal City Mayor Terry Halliday says the village continues to struggle with increases in the Police Pension Fund.