Oversight Panel: Oklahoma Pension Plans Face Crisis

Watts, Jim
March 2006
Bond Buyer;3/28/2006, Vol. 355 Issue 32348, p5
Trade Publication
The article reports on the financial crises faced by seven pension plans in Oklahoma. The Oklahoma Pension Oversight Commission said that immediate action is needed to stop the situation from becoming unmanageable. A total of 16.2 billion in actuarial assets is own by the state's retirement systems.


Related Articles

  • CPD QUIZ.  // Money Management;4/4/2013, Vol. 27 Issue 12, p26 

    A Financial Planning Association continuing professional development (CPD) quiz on assets, insurance, and pension is presented.

  • Push for ERF reform gathers speed.  // Super Review;May2010, Vol. 24 Issue 4, p1 

    The article discusses the research study on eligible rollover funds (ERF) in Australia by The Heron Partnership. The top-rated ERF is the AUSfund wherein it represents, along with other largest ERF, 90 percent of assets at an average size of about 900 million dollars. Many eligible rollover...

  • Crunch cuts quarter off DC pensions. Pow, Helen // Money Marketing;2/26/2009, p22 

    The article reports on the research made by Aon Consulting Inc. that the defined-contribution (DC) pension assets have lost £140 billion, which is more than 25% of their value, since the start of the financial crises in Great Britain in 2009. The consulting firm indicates that the value of...

  • How Will the Stock Market Crash Affect the Choice of Pension Plans? Clark, Robert L.; Sabelhaus, John // National Tax Journal;Sep2009, Vol. 62 Issue 3, p477 

    For the past three decades, there has been a significant movement away from defined benefit pension plans in the private sector toward greater use of defined contribution plans, especially 401(k) plans. In contrast, retirement plans in the public sector remain primarily defined benefit plans....

  • Maximise your age pension. Henderson, Sam // Money (Australia Edition);Dec2012/Jan2013, Issue 152, p37 

    The article discusses several approaches in maximizing age pension in Australia. It notes that spending pension in buying a house and in upgrading or renovating an existing property serves as the easiest approach as the principal residence is not included in the assets test. It adds that giving...

  • Hanging on to what you've got. Ruffo, Sarina // Money Management;8/27/2009, Vol. 23 Issue 31, p34 

    The article discusses the impact of bankruptcy on financial assets such as superannuation and insurances in Australia. An overview of the consequences that might be encountered with bankruptcy is offered. It explains how superannuation accounts, contributions and insurances can be protected from...

  • Pension fund investment in infrastructure: What have we learnt? Inderst, Georg // Pensions: An International Journal;May2010, Vol. 15 Issue 2, p89 

    Pension funds have started investments in infrastructure as a separate asset class in recent years. This article investigates the first experience against the promises made. Early studies show good risk-adjusted returns of private equity-style infrastructure funds and relatively low correlations...

  • Ernst & Young Urges Constructive Evolution of Regulatory Guidance.  // Asia Insurance Review;Dec2008, p28 

    The article reports on the call of Ernst & Young Global LLP's Insurance Center for a constructive evolution of insurance regulation. Ernst & Young stresses that the insurance industry and regulators should take advantage of the current financial crisis to carry out new regulation. It highlights...

  • Adverse Selection and Financial Crises. Kirabaeva, Koralai // Bank of Canada Review;Winter2010/2011, p11 

    Adverse selection is an impediment to the efficient functioning of a market that arises when one of the parties to a transaction has more information than the other. In financial markets, adverse selection can lead to market freezes and liquidity hoarding, reflecting buyers' beliefs that most...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics