2 02, 2024

Pensions funds mull greater role in participants’ lives

2024-02-02T14:01:55-08:00February 2nd, 2024|Categories: Retirement|Tags: , |

By Sophie Baker Source: Pensions & Investments A handful of pension funds are thinking more carefully about the value they add for their participants and the role they play in their lives — beyond writing checks — through so-called social infrastructure. The emerging trend goes further than buying up assets that are beneficial to the pension fund's local community, such as investing in affordable housing and hospitals — a well-trodden path by many, sources said. Rather, it's about thinking [...]

19 01, 2024

Illinois’ top court upholds consolidation of police, firefighters’ pension funds

2024-01-23T13:51:53-08:00January 19th, 2024|Categories: Pension Reform|Tags: , , |

By Rob Kozlowski Source: Pensions & Investments The Illinois Supreme Court has affirmed the constitutionality of two new consolidated investment funds combining the assets of the state's municipal police and firefighters' pension funds. The court released its opinion on Jan. 19, and the decision appears likely to end a multiyear battle that followed Illinois Gov. J.B. Pritzker's signing of legislation in 2019 that consolidated the state's municipal police and fire pension plans based outside the city of Chicago into [...]

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