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Showing 251 - 260 of 301 results for "Retirement System"

SEC charges New Jersey with fraud

RUTH LIEW  |  FRIDAY, 27 AUG 2010
... between August 2001 and April 2007. As a result, the Teachers' Pension and Annuity Fund and the Public Employees' Retirement System were under the false impression that they were adequately funded. The state masked the fact that it was unable to make ...

Corrupt city officials face pension freeze

RUTH LIEW  |  MONDAY, 2 AUG 2010
... other compensation to officials at the City of Bell," noted the $200 billion-plus California Public Employees' Retirement System in a press statement. "Until the investigation is concluded, CalPERS will place on administrative hold the accounts of individuals ...

US fin reforms win pension fund support

MEDIA RELEASE  |  THURSDAY, 22 JUL 2010
... ratings and imposes tougher requirements on hedge funds. The $233 billion-plus California Public Employees' Retirement System said the reforms as "an historic step toward protecting markets and advancing shareowner democracy". According to a CalPERS ...

US pension funds get $800m from class action

MEDIA RELEASE  |  MONDAY, 19 JUL 2010
... who don't play by the rules will pay a steep price," said Cordray in the statement. The Ohio Public Employees Retirement System (OPERS), the State Teachers Retirement System of Ohio and the Ohio Police and Fire Pension Fund, represented by the attorney ...

CalPERS buys Gatwick Airport stake

PRESS RELEASE  |  MONDAY, 21 JUN 2010
The California Public Employees' Retirement System (CalPERS) has bought a 12 per cent stake in London Gatwick Airport from Global Infrastructure Partners for $178 million. Gatwick Airport is the UK's second most active airport and one of the busiest ...

CalSTRS finances solar energy project

COMPANY RELEASE  |  MONDAY, 31 MAY 2010
The California State Teachers Retirement System (CalSTRS) and a number of investors have invested more than $175 million to help a solar energy company build 14 solar power plants in the US. The equity finance will be used to support solar energy company ...

CalPERS reprimands board member

RUTH LIEW  |  THURSDAY, 20 MAY 2010
... failing to file financial disclosure statements. According to a press release, the California Public Employees' Retirement System (CalPERS) Board of Administration publicly censured board member Priya Sara Mathur after she repeatedly failed to file the ...

Global Sovereign Crisis

BENJAMIN ONG  |  THURSDAY, 6 MAY 2010
... standing in judgment upon." We would know soon enough when they go to trial. The California Public Employees' Retirement System won court approval to move forward with a lawsuit against ratings agencies Moody's, Fitch and Standard & Poor's over negligent ...

Savings boost for GenX and GenY

MICHELLE BALTAZAR  |  MONDAY, 3 MAY 2010
... increase in superannuation contributions to 12 per cent and believe it will go some way to supporting a sustainable retirement system. However, we should also acknowledge that this has also increased the retirement funding gap between those in work and ...

Bill backed for calling placement agents lobbyists

COMPANY RELEASE  |  THURSDAY, 8 APR 2010
... seek investments from public pension funds - who do business with CalPERS and the California State Teachers' Retirement System. The four-to-one vote came following testimony in support of a bill from State Controller John Chiang, Treasurer Bill Lockyer ...