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State Pension Funds

Pension Bankruptcy in Tiny U.S. Territory Is a Warning of What May Lie Ahead

David Paul | Posted 07.24.2012 | Politics
David Paul

The pension issue is not going to go away. The financial impacts of pension deficits are going to be felt at the state and local level for years, and will continue to influence the political landscape as politicians are forced to confront that which is manifestly broken.

California Pension Funds Grow To Highest Level Since Recession

AP | ADAM WEINTRAUB | Posted 09.17.2011 | San Francisco

SACRAMENTO, Calif. — California's two largest public pension funds posted their highest investment returns since before the recession, with each...

Zach Carter

An Overblown 'Crisis' For State Pension Funds | Zach Carter | Posted 05.25.2011 | Politics

WASHINGTON -- In early 2010, Goldman Sachs announced two blockbuster numbers: profits of $13.4 billion for the prior year and compensation of $16.2 bi...

State Pension Funds May Have Been Overcharged By Banks For Trades

Posted 05.25.2011 | Business

Prosecutors assisted by whistleblowers are widening an investigation into whether banks overcharged public pension funds in the United States by t...

SEC Launches Probe Into Illinois' Underfunded Pension Plan

The Huffington Post | Lila Shapiro | Posted 05.25.2011 | Business

On Monday night, the Illinois state governor's office confirmed that the Securities and Exchange Commission has launched an investigation into public ...

Public Pensions Ramp Up On Risky Investments To Boost Returns | MARY WILLIAMS WALSH | Posted 05.25.2011 | Business

...states and other bodies of government are seeking higher returns for their pension funds, to make up for ground lost in the last couple of years an...