Pension360

Canada Pension Plan Investment Board (CPPIB) CEO Mark Wiseman is leaving his post next week. But he’s using his remaining time to defend his fund’s active investment strategy.


Wiseman and incoming CEO Mark Machin wrote a column in a major Canadian newspaper on Monday defending the fund’s active investment strategy.

Outgoing CPPIB Chief Responds to Criticism of Investment Strategy | Pension360 Canada Pension Plan Investment Board (CPPIB) CEO Mark Wiseman is leaving his post next week. But he’s using his remaining time to defend his fund’s active

On Monday, a NJ Assembly committee advanced a Democrat-backed proposal that would amend the state constitutional to lock in iron-clad, full, quarterly pension payments from the state.


Now, Republicans have offered up their own proposal – or rather, revived a plan initially proposed last year.

NJ Republicans, Democrats Offer Dueling Pension Proposals | Pension360 On Monday, a NJ Assembly committee advanced a Democrat-backed proposal that would amend the state constitutional to lock in iron-clad, full, quarterly pension

The head of the Massachusetts Bay Transportation Authority (MBTA) pension fund on Monday revealed he’d be stepping down in August.

Mass. Pension Chief Resigns Days After Records Ruled Public | Pension360 The head of the Massachusetts Bay Transportation Authority (MBTA) pension fund on Monday revealed he’d be stepping down in August. His fund has been at the

A proposed constitutional amendment, which would require New Jersey to make full, quarterly contributions to its pension funds, passed a state Assembly committee on Monday by a 5-2 vote.

State Democrats, who have been championing the amendment for years, are pushing for placement on the November ballot.

NJ Pension Amendment Moves Forward | Pension360 A proposed constitutional amendment, which would require New Jersey to make full, quarterly contributions to its pension funds, passed a state Assembly

A former CalPERS chief executive officer, Fred Buenrostro, was sentenced to 4½ years in prison last week for taking bribes, including $200,000 in cash, from a former CalPERS board member.

CalPERS Ex-CEO Sentenced, But Probe Continues | Pension360 Reporter Ed Mendel covered the California Capitol in Sacramento for nearly three decades, most recently for the San Diego Union-Tribune. More stories are at

New Jersey Democrats are making another push – the latest of many over the past year – to create a (state) constitutional amendment that would force the state to make its pension contributions each year, and on a quarterly basis.

NJ Lawmakers Still Pushing Constitutional Amendment For Iron-Clad, Quarterly Pension Funding |... New Jersey Democrats are making another push – the latest of many over the past year – to create a (state) constitutional amendment that would force the state

Federal sources say Canada’s most populous province has become Ottawa’s main challenge in work to gain the required provincial support to expand the Canada Pension Plan.

ORPP an Impediment to Enhanced CPP? | Pension360 Leo Kolivakis is a blogger, trader and independent senior pension and investment analyst. This post was originally published at Pension Pulse. The Canadian

Two consultants disagreed slightly on how corporate pensions’ aggregate funding status changed in May; but the bottom line is that funding levels remained largely unchanged.

Corporate Pension Funding Unchanged in May | Pension360 Two consultants disagreed slightly on how corporate pensions’ aggregate funding status changed in May; but the bottom line is that funding levels remained

Chicago’s new pension reform deal – which last week survived a Bruce Rauner veto – isn’t impressing Moody’s.

Chicago’s New Pension Deal Is “Credit Negative”, Says Moody’s | Pension360 Chicago’s new pension reform deal – which last week survived a Bruce Rauner veto – isn’t impressing Moody’s. The deal gives the city a longer timeline to

You’ve probably seen the television ad by now – the one that shows a man receiving a watch as a retirement gift, then pawning it at night, presumably because he’s strapped for cash.

The ad, sponsored by the Canadian Labour Congress, is part of what is becoming an emotional debate over a possible expansion of the Canada Pension Plan.

Another Shot Against Expanding the CPP? | Pension360 Leo Kolivakis is a blogger, trader and independent senior pension and investment analyst. This post was originally published at Pension Pulse. Ian McGugan of

After 11 years at Canada Pension Plan Investment Board, CEO Mark Wiseman is handing the reins to the fund’s head of Asian investments, Mark Machin, effective June 13.

Memo To Mark Machin? | Pension360 Leo Kolivakis is a blogger, trader and independent senior pension and investment analyst. This post was originally published at Pension Pulse. Andrew

After a series of negotiations, San Diego officials have reached an agreement with the city’s firefighters that will alter the way firefighters’ pensions work. The agreement is in alignment with Proposition B, a previous pension reform movement that was passed months ago.

San Diego Pension Reform Reaches Agreement | Pension360 After a series of negotiations, San Diego officials have reached an agreement with the city’s firefighters that will alter the way firefighters’ pensions work.