Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. This week we cover topics including: ...

Ohio's five public pensions systems collectively lost $32 billion in the tough investment market last year − huge losses that will take years to recover. The biggest loss occurred with the biggest ...

Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. This week we cover topics including: ...

WASHINGTON--(BUSINESS WIRE)--Public pension funds’ average funding ratio increased to 77.8% in 2022, with the majority of pensions’ revenue (68%) coming from investment returns, according to an annual ...

When State Auditor Keith Faber announced to stakeholders in the State Teachers Retirement System of Ohio, including active government workers, retirees and taxpayers, his office was initiating a ...

U.S. state and municipal retirement systems saw their aggregate funding ratio fall to an estimated 77.3% at the end of 2022, according to a research brief from Equable Institute, a bipartisan ...

ARLINGTON, Va., Jan. 03, 2023 (GLOBE NEWSWIRE) -- The funded status of the nation’s largest corporate defined benefit pension plans ended 2022 at the same level as it began the year, as weak ...

The California Public Employees’ Retirement System, the retirement system for California’s state, school, and public agency workers, suffered investment losses of almost $30 billion in 2022. For the ...

Investment losses last year eroded funding ratio gains achieved a year earlier by Chicago's pension system, casting a shadow over a healthy pickup of taxes on the city's audited financial results. The ...

The Louisiana Firefighters’ Retirement System lost $247.4 million in fiscal year 2022, as the system added 91 retirees that increased benefit payouts by $6.2 million, according to a recent financial ...