US Archives - Page 81 of 207 - Pension Policy International

30JunJune 30, 2023

Optimal Retirement Portfolios with Fixed and Variable Longevity Annuities in Defined Contribution Plans taking Social Security into Account

By Vanya Horneff, Raimond Maurer & Olivia S. Mitchell This paper examines how two instruments—annuities with lifelong benefits purchased using defined contribution (DC) plan assets, and social security annuities—should be considered jointly to optimize household lifetime wellbeing. Understanding how these interact is of key importance in order to generate efficient retirement portfolios. Additionally, there is likely to be substantial heterogeneity in the demand for longevity annuities across the retiree population, depending on their assets inside and outside tax-qualified retirement plans,...

June 30, 2023

Articles, Savings2023, Retirement Planning, Social Security, US

30JunJune 30, 2023

US. DC assets concentrated in a few money managers

Vanguard Group had $1.78 trillion in U.S. defined contribution assets under management at the end of 2022, representing 21% of the $8.43 trillion in DC AUM, based on data collected by Pensions & Investments in its annual money manager survey. BlackRock followed with $1.16 trillion. The five largest managers of U.S. DC assets had 60% of the total and the top 10 accounted for 79%. The five DC managers with the most DC AUM had equity assets ranging from BlackRock's...

June 30, 2023

News, UncategorizedInvestment, US

29JunJune 29, 2023

US. Pension funds would have $21 billion more without fossil fuel holdings – study

Several public pension funds under pressure to divest from fossil fuel investments would have had as much as $21 billion more over the last decade without them, according to a study by the University of Waterloo released Wednesday by advocacy group Stand.Earth. In the report, The Impact of Energy Investments on the Financial Value and the Emissions of Pension Funds, researchers at the university's School of Environment, Enterprise and Development (SEED) used Bloomberg data to analyze six large pension funds'...

June 29, 2023

NewsClimate crisis, ESG, Investment, US

28JunJune 28, 2023

U.S. Treasury partners with CDPQ, managers on sustainable investing

The U.S. Treasury has partnered with Canadian pension fund CDPQ, asset managers Natixis Investment Managers and Ninety One, the Rockefeller Foundation and others to accelerate pension fund and other institutional investment in emerging and developing countries over the next three years. In particular, the new partnership will focus on investing in energy transition and sustainable infrastructure, and will be led by the Investor Leadership Network, according to a statement from U.S. Treasury Secretary Janet Yellen. "Today, we are proud to announce...

June 28, 2023

NewsCanada, ESG, Investment, US

27JunJune 27, 2023

México se une a los esfuerzos por localizar a boxeadores retirados a los que se les adeudan pensiones de California

California se ha asociado con México para localizar a boxeadores profesionales que se les adeuden pensiones de un plan de jubilación estatal poco conocido. En las últimas semanas dos docenas de expugilistas han sido encontrados y al parecer existe la posibilidad de ubicar a más. Los esfuerzos para localizarlos ocurren después a una investigación del Times que encontró que la mayoría de los boxeadores que a los que se les debían beneficios del Plan de Pensiones de Boxeadores Profesionales de...

June 27, 2023

NoticiasAdministración de Pensiones, Mexico, Pensiones Laborales, US

27JunJune 27, 2023

U.S. public pension funding dips in May – Milliman

The overall estimated funding ratio of the 100 largest U.S. public pension plans fell to 73.7% as of May 31 from 74.8% a month earlier, according to the Milliman 100 Public Pension Funding index. During the month of May, Milliman estimated that public pension plans had an aggregate investment return of -1%, with an estimated range of -1.8% to -0.3%. "Despite the slight drop in funded status, May marks the eighth month in a row where the funded ratio has stayed...

June 27, 2023

NewsFunding, Public Pensions, US

26JunJune 26, 2023

Alternative funds expect surge in pension inflows

A new study conducted by Ocorian, a global leader in entity administration and alternative fund services, reveals that alternative fund managers are anticipating a significant increase in inflows from pension funds over the next 18 months. The research, which surveyed 100 alternative fund managers across the United Kingdom, United States and Europe, indicates that 36% of respondents expect a dramatic rise in investments from pension funds, while an overwhelming 87% predict an overall increase in inflows into alternative investments from...

June 26, 2023

NewsEU, Investment, UK, US

23JunJune 23, 2023

The Wage Gap Among LGBTQ+ Workers in the United States

By HRC Foundation In an HRC Foundation analysis of nearly 7,000 full-time LGBTQ+ workers, median earnings were about $900 weekly, about 90% of the $1,001 median weekly wage a typical worker earns in the United States, as reported recently by the Bureau of Labor Statistics. Put another way, LGBTQ+ workers earn about 90 cents for every dollar that the typical worker earns. LGBTQ+ people of color, transgender women and men and non-binary individuals earn even less when compared to the...

June 23, 2023

Articles, Labor Market2022, Equality, Income, LGBTQ, savings, US

22JunJune 22, 2023

The U.S. Population Is Older Than It Has Ever Been

While many 38-year-old millennials may still feel young, that age is an unusually high median for the country. The new data adds to the evidence that, like many European and Asian nations, the United States is graying, posing challenges for the work force, the economy and social programs. Low birthrates are the main driver of the nation’s rising median age, experts said. “It’s simple arithmetic,” said Andrew A. Beveridge, president of Social Explorer, a demographic data firm. “Fewer kids are being born.” Birthrates...

June 22, 2023

NewsAging, US

22JunJune 22, 2023

ESG resolution round-up: US pension giants split on climate proposal at Japanese bank

Big US public pension funds are divided on the merits of a climate proposal filed at Mizuho Financial Group which calls on the Japanese “mega-bank” to issue and disclose a transition plan to align its lending and investments with the Paris Agreement. Californian giants CalPERS and CalSTRS have pre-disclosed that they will vote against the resolution on Friday, despite supporting a similar request at the bank in 2020. But The Office of the New York City Comptroller, which oversees...

June 22, 2023

NewsESG, Investing, Japan, US

June 2023