Search: Chad Christman
Results
- California Teacher Pension Plan’s Unfunded Gap Widens
The California State Teachers’ Retirement System, the second-biggest U.S. public pension, said the gap between its assets and projected obligations rose $8.5 billion as investment gains failed to cover previous losses. Read more at Bloomberg ...
Post - Chad Christman - Apr 10, 2012 - 7:15pm - 0 comments
- GAO Report Documents Viability of Public Pension Plans
A March report by the Government Accountability Office (GAO), the research arm of the U.S. Congress, documented the viability of public pension plans. Read more at Nation's Cities Weekly Mar. ...
Post - Chad Christman - Mar 30, 2012 - 12:38pm - 0 comments
- Legislative Committee Hears Testimony on Cash Balance Plan
On January 25, 2012 CalSTRS Deputy CEO Ed Derman testified before the legislative conference committee on pensions. Mr. Derman provided information on the basics of the CalSTRS hybrid retirement system and benefits of the cash balance plan component. ...
Post - Chad Christman - Jan 30, 2012 - 5:15pm - 0 comments
- Questions Answered on Post-Retirement Earnings Changes
EdCal asked Ed Derman of the California State Teachers Retirement System to respond to a number of frequently asked questions concerning the June 30 sunset date of exemptions for post-retirement earnings limitations. Read more at the Association o ...
Post - Chad Christman - Jan 27, 2012 - 6:49pm - 0 comments
- California Teachers Fund Trims Investment Forecast to 7.5% Amid Declines
The California State Teachers’Retirement System, the second-largest U.S. public pension, cut its assumed annual rate of return to 7.5 percent from 7.75 percent, the second reduction since 2010. Read more at Bloomberg.com ...
Post - Chad Christman - Feb 3, 2012 - 1:48pm - 0 comments