Underfunded PERS

Williamson, Richard
September 2003
Bond Buyer;9/2/2003, Vol. 345 Issue 31710, p35
Trade Publication
Reports that the underfunded portion of the Kansas Public Employees Retirement System has grown to $2.8 billion, with teachers and state employees accounting for $2.2 billion.


Related Articles

  • State of Pensions.  // State Legislatures;Sep2011, Vol. 37 Issue 8, p7 

    The article focuses on pension reform in the U.S. In 2009 and 2010, 39 states enacted significant revisions to at least one state retirement plan. In 2011, 16 legislatures increased employee contribution amounts while contributions of employers were reduced in 9 states. With this, a trend toward...

  • Treasurer: Connecticut's Largest Pension Funds Exceeded 14% in 2013. Burton, Paul // Investment Management Mandate Pipeline;2/3/2014, p2 

    The article reports that the Teachers' Retirement Fund and the State Employees' Retirement Fund in Connecticut generated investment returns of 14.2 percent and 14.1 percent, respectively, for the 2013 calendar year according to Treasurer Denise Nappier.

  • CALIFORNIA: Pensions on Ballot? Saskal, Rich // Bond Buyer;6/29/2007, Vol. 360 Issue 32661, p9 

    The article reports on the ballot initiative proposed by the California Foundation for Fiscal Responsibility that aims to modify pension benefits for government employees. Under the ballot measure, employees will be required to work longer before collecting full retirement benefits. The formula...

  • Scrutinizing the Troubled Pension Plan. Daks, Martin C. // njbiz;4/9/2007, Vol. 20 Issue 15, p9 

    The article reports on the promise made by New Jersey Governor Jon Corzine to revise accounting policies for the underfunded pension plan of the state. According to the author, the pension plan has a gap of up to $56 billion between its $110.4 billion in obligations and the investment assets...

  • AT DEADLINE.  // Pensions & Investments;5/30/2005, Vol. 33 Issue 11, p1 

    The article presents information related to investment market. Some 45% of institutional investors expect a major hedge fund blowup within the next year and 14% within two years, while 31% do not expect a meltdown at any time, according to an informal poll conducted by Strategic Investment...

  • Die Ausgedienten. Dieter Simon // Soziale Systeme;2010, Vol. 16 Issue 2, p224 

    The article talks about professors in Germany and how they are considered state officials, just like regular teachers, policemen, and soldiers but unlike other state officials, who when they fulfilled their duties are sent into their pension, professors have the option of becoming professor...

  • A TOWER OF TIERS. Walters, Jonathan // Governing;May2008, Vol. 21 Issue 8, p54 

    The article talks about the grouping of government workers for the pension system in the U.S. It is mentioned that beginning July 2009, all public employees in the state of Kansas will have to pay more to their retirement fund as compared to those workers before that date due to their pension...

  • Savings Shock. Capots, Michele M. // Teacher Magazine;Apr2001, Vol. 12 Issue 7, p9 

    Focuses on the problems facing near-retirement teachers in the United States with their 403(b) investment plan that they are paying since start of employment. Explanation for such trend; Reaction from the American Federation of Teachers; Action being taken by affected teachers on the matter.

  • Management of California Pension Funds. Howell, Paul L. // California Management Review;Fall1962, Vol. 5 Issue 1, p33 

    The article focuses on the management of the pension fund of California. It states that the State Employees' Retirement System (SERS) was established in the 1930s and by carefully adhering to advanced funding principles slowly accumulated assets that amounted to $80 million in 1947. It comments...


Read the Article


Sign out of this library

Other Topics