NYC pension examiner pleads guilty to stealing $624K from retirees
BROOKLYN, NY — A former New York City retirement system employee pleaded guilty on Wednesday to stealing more than $624,000 from two retirees over a nearly three-year span, using his position to…
California pension leaders differ on Russia divestment
By Ross Kerber BOSTON -Top California pension leaders on Monday offered different takes on whether the state’s big retirement funds should divest from Russian assets in the wake of the invasion of…
China to expand commercial pension pilot scheme nationwide, regulator says
BEIJING – China will from March 1 expand nationwide a pilot scheme developing commercial pension products for the country’s aging population, its banking and insurance regulator said on Monday. Other than six…
Italy makes fresh attempt at pension reform as debt worries mount
By Giuseppe Fonte and Gavin Jones ROME – Italy is working on a reform to make it easier for workers to retire early without bloating what is already Europe’s second highest pensions…
Sarlo says New Jersey plan to pay down $3 billion in debt a critical investment into pension system
From the desk of Paul Sarlo Trenton – Senate Budget Chair Paul Sarlo today said Treasury’s plan to pay down $3 billion in high-interest debt underscores the importance of the Legislature’s insistence on…
Exclusive-New York pension official, worried about misinformation, seeks Spotify report
By Ross Kerber – New York State’s top pension official has asked streaming music platform Spotify Technology SA for details about the effectiveness of its new content rules, citing complaints including that…
U.S. public pension funds seen turning to more ‘aggressive’ investment – report
NEW YORK – U.S. public pension funds will likely have to switch to more aggressive investment strategies in the coming years to fill funding gaps despite assets held by sovereign investors having…
Ciattarelli to teachers: I won’t steal your pension
TRENTON, NJ – New Jersey Republican Candidate for Governor Jack Ciattarelli today delivered a message to teachers across New Jersey. “I’m not going to steal your pension,” he said in a video…
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