State pension fund set to be among first to rehire Putnam
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Massachusetts was the first public pension fund to fire Putnam Investments as a money manager last year after the firm was charged with fraud by federal and state regulators in the market-timing scandal.
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California Gov. Arnold  Schwarzenegger will urge lawmakers to pass a sweeping overhaul  of the state's public pension systems, including Calpers, the  nation's largest pension fund, an aide said on Wednesday.
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The Federal Aviation Administration plans a hiring spree to replace the thousands of air traffic controllers expected to retire in the next eight years.
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By Anne Krishnan, The News & Observer, Raleigh, N.C.  Mar. 8--IBM wants workers to be prepared when it freezes its pension fund next year and switches workers into investments they will have to manage themselves.
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Gregory A. White, one of Governor Mitt Romney's two representatives on the state pension board, has joined Thomas H. Lee Co., a leveraged buyout firm in Boston that does business with the $32.5 billion retirement fund for Commonwealth employees.
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Putnam Investments on Friday promoted a veteran bond manager to head its investments groups, marking the latest personnel changes as the mutual fund company works to improve performance at many of its funds.
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About 90 percent of state workers get pensions, and the bill is coming due.
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Four of the largest U.S. public pension funds on Tuesday said they would ask Walt Disney Co. shareholders to change company policy to let investors nominate two independent directors to the board.
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Ohio&#39;s state pension fund said on Friday it will tender its 527,790 shares of PeopleSoft Inc. (PSFT.O: Quote, Profile, Research) , accepting Oracle Corp.
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Hoping to stem a tide of rising pension debt, a California legislator will propose a controversial overhaul on Monday that would convert traditional public employee retirement plans to privately managed 401(k)-style plans, the Los
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Putnam Investments yesterday said it will dismiss another 100 employees in a cost-cutting move to reflect its smaller size after an employee-trading scandal cost it tens of billions in investors' funds.
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Steve Oristaglio, who helped guide Putnam Investments in the aftermath of the scandals that engulfed the firm in October 2003 over market timing, will retire this year, Putnam said. Oristaglio, 49, served as right-hand man to chief executive Charles ''Ed" Haldeman Jr. during the tumultuous period in which the firm tried to recover both its reputation and business after being ...
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The nation&#39;s largest public pension fund fired its president Wednesday following a tumultuous year in which he became an outspoken advocate for reform in the board rooms of corporate America.
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The nation&#39;s largest pension fund disclosed for the first time yesterday how much it paid the venture capitalists, hedge fund managers and others who handle its riskiest specialized
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Thousands of workers who lost their pensions when firms went bust are expected to be given more financial help.
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Aslef members are expected to battle for two of the union's leading members to be reinstated after their sacking.
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SACRAMENTO, Calif. -- The California Public Employees&#39; Retirement System, the nation&#39;s largest public pension fund, plans to double to $2 billion its hedge fund investment, widely seen as a risky neighborhood of the investment world.