Welcome CORPaTHians!2024-04-01T14:32:54-07:00

The latest Pension News

Chicago’s pension funding crisis is a century in the making. 5 grad students could change that.

By Rob Kozlowski Source: Pensions & Investments A team of five University of Chicago graduate students won a Harris School of Public Policy competition with a proposal of nine initiatives designed to save the city of Chicago between $200 million and $400 million a year to shore up its woefully underfunded pension funds. The team of graduate students — Syed Ahmad, Anthony Beaupre, Liam Gluck, James Karsten and Greg Rudd [...]

Retirement crisis looms as Americans struggle to save

By Nicole Goodkind Source: CNN Eric Payne, a 37-year-old single father to two boys, works hard to stretch his paycheck each week. It’s a task he refers to as “clicking.” He makes a good salary – in the $80,000 range – but by the time all of the essential expenses have clicked into place, there’s not much left to spare. “The clicking is for day-to-day operations,” explained Payne, who works [...]

Here’s how much Americans say they need to retire — and it’s 53% higher than four years ago

By Aimee Picchi Source:CBS News Americans have lofty goals for their retirement, with the typical worker believing they need $1.46 million to retire comfortably — a jump of 53% from their savings target in 2020, according to a new survey from Northwestern Mutual. But most people are far from reaching that objective, with the study finding that the average amount held in a retirement account today is just $88,400. That means [...]

Countdown to 2024 Summit & Crystal Globe Awards
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Highlights from the 2023 Crystal Globe Awards & Summit

Welcome CORPaTHIANS!

CORPaTH is an alliance of trustees, consultants, asset managers, administrators, elected officials and other professionals who oversee pension assets, Lifetime Income Security Accrual (LISA) Pension Plan and Guaranteed Lifetime Income Accounts℠ (GLIA) for the benefit of working men and women who earn and deserve a secure retirement.

We work to perpetuate, protect and expand defined-benefit pension plans, as well as advocate on behalf of our members and insist on high-quality corporate governance and responsible investment strategies.

We also educate our members on issues critical to the current and future health of pension funds.

The “Core” of our strategy is to advance the financial and policy influences of key decision-makers of defined-benefit pension plans and to accelerate our unified actions with education, knowledge and commitment.

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