NCPERS News Clips

6/1/2010

News Clips for June 1st, 2010

• Public Employee Retirement Board Authorizes Study to Look at Impact of Reform
  Both Democrat and Republican lawmakers agree the 2011 legislative session will likely see a debate about the future of Nevada's public employee pension program
• CalPERS considers annual asset allocations
  CalPERS could have a new asset allocation every year instead of the current policy of every three years, Joe Dear, the system's chief investment officer, said in an interview
• Public pension funds could be in for big shock
  The Government Accounting Standards Board is preparing to release a document that could send shivers through public pension systems and the taxpayers who fund them.
• Defined benefit plans continue to dwindle: Survey
  The number of large U.S. employers that offer a defined benefit pension plan to new salaried employees continues to decline while the number offering only defined contribution plans continues to increase, according to a study released Wednesday.
• Congress Weighs a Pension Bailout
  U.S. lawmakers are laying the groundwork for a possible federal bailout of some faltering pension plans that are jointly run by companies and unions. (subscription required)