The Melbourne Mercer Global Pension Index ranks retirement income schemes in 16 countries around the world on the basis of three key qualities; adequacy (appropriate provision of benefits) sustainability (the …Read the Rest
U.S. public pension-fund assets grew 17.6 percent in the second quarter from a year earlier as state and city retirement systems continued to recoup losses from the 2008 credit crisis. …Read the Rest
September was another cruel month for large U.S. pension plans, as stock losses and lower interest rates caused the shortfall between their assets and liabilities to balloon to the largest …Read the Rest
Japan’s public pension fund, the world’s largest, will start investing in emerging market stocks by the end of the year as it diversifies assets to maintain stable returns. The Government …Read the Rest
State and local government pension funds saw a nearly 23% drop in the value of their assets in 2009 as the U.S. economy struggled to get out from under the …Read the Rest
Actuarial Accrued Liability – Generally represents the portion of the present value of fully projected benefits attributable to service credit earned (or accrued) as of the valuation date. Actuarial Assumptions …Read the Rest
The California Public Employees’ Retirement System, with half its money in equities, will be hard-pressed to return 7.75 percent this year as the weak U.S. recovery and deepening debt crisis …Read the Rest
Funding levels for pension plans sponsored by S&P 1500 companies sank in September to a post-World War II low, according to an analysis by human resources consulting firm Mercer. The …Read the Rest
Australia’s pension system is second only to the Netherlands, according to this year’s Mercer Global Pension Index – but retirement income adequacy is still a concern. The second-place ranking is …Read the Rest
The European Fund and Asset Management Association (EFAMA) has identified pensions as a priority area for the industry going forward and supports a harmonised European pension plan. EFAMA believes that …Read the Rest