A new review found that 2022 was a volatile year for managing pension funds. Economic upheaval, uncertainty due to the pandemic, a war in Europe—it all added up to poor investment returns and in some ...

The Government has proposed allowing some members of the Local Government Pension Scheme to continue to access their cash ...

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 ...

Legendary investor Warren Buffett says cryptocurrencies basically have no value and don’t produce anything. Yet 94% of U.S. state and local government pensions are gambling on cryptocurrencies.

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 ...

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 ...

NEW YORK--(BUSINESS WIRE)--Today, Mercer and the CFA Institute released its 14 th annual Mercer CFA Institute Global Pension Index (MCGPI). Iceland’s retirement income system has once again topped the ...

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 ...

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 ...

Pensions are usually thought of as a mid-life concern. Yet recent trends show more parents and grandparents are opening ...