Connecticut Seeking New Debt Manager as Boone Steps Down
- PUBLIC PENSION LIABILITY: WHY REFORM IS NECESSARY TO SAVE THE RETIREMENT OF STATE EMPLOYEES. Lahey, Karen Eilers; Anenson, T. Leigh // Notre Dame Journal of Law, Ethics & Public Policy;2007, Vol. 21 Issue 2, p307
The article examines the state retirement system liability in the U.S. and discusses the necessity of reform to save the retirement benefits of state employees. It provides an overview of pension plans and explains how they work. The financial dilemmas facing states, including California and...
- Forming a New FA Pool. Kaske, Michelle // Bond Buyer;7/10/2006, Vol. 357 Issue 34219, p39
The article reports on Connecticut State Treasurer's Office's review of applications for a new pool of financial advisers with the hope of forming the team by September 1, 2006. This is according to Catherine Boone, assistant treasurer for debt management. The contracts of the state with...
- Underfunded PERS. Williamson, Richard // Bond Buyer;9/2/2003, Vol. 345 Issue 31710, p35
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.
- Changes Long Due to State's Retirement System. Hartvigsen, Kristine // South Carolina Business Journal;May2005, Vol. 24 Issue 5, p7
The article reports on a criticism over South Carolina's retirement systems investment structure. The current pension program is fragmented and suffers from a lack of coordination; 60 percent is invested in bonds, and 40 percent is invested in the stock market. Lawmakers are also considering a...
- Maine Rehires Its Retirees. Greenblatt, Alan // Governing;Aug2002, Vol. 15 Issue 11, p48
Focuses on the retire and rehire legislation that covers all state employees in Maine. Advantages of the legislation; Overview of the legislation.
- State Pensions in Changing Times. Woodbury, Richard // Communities & Banking;Summer2011, Vol. 22 Issue 3, p3
The article discusses the impact of demographic changes on the pension plans for the state employees in New England. The author states that the by making actuarial fair adjustments in the benefit amount for retiring at different ages the defined-benefit pension plans offered in New England...
- Utah leads the way in pension reform. Lee, Sean // Enterprise/Salt Lake City;8/6/2012, Vol. 42 Issue 1, p9
The article explores the secret behind the successful pension reform of Utah. The public pension programs of Utah were greatly hit by the 2008 market meltdown that caused it to be only 70% funded in 2009. Utah state officials with Senator Liljenquist quickly addressed the problem by switching to...
- Pennsylvania State Employees' CIO Abruptly Retires. Giardina, Michael // Investment Management Mandate Pipeline;12/9/2013, p5
The article announces the abrupt retirement of Anthony Clark as chief investment officer (CIO) of the Pennsylvania State Employees' Retirement System (SERS).
- U.S. Judge Continues Jefferson Hearing Until January. Sigo, Shelly // Bond Buyer;11/18/2008, Vol. 366 Issue 33006, p16
The article reports on the continuance of the Jefferson County hearing whether to appoint a receiver by U.S. District Court Judge R. David Proctor. It states that the county's commissioners and state officials were involved in ongoing negotiations with creditors attempting to restructure $2.3...