Retired teachers hope for long-awaited pension adjustment

Retired teachers hope for long-awaited pension adjustment

AUSTIN (Nexstar) Joe Ramirez gave and received a lot of love during 28 years in the Austin Independent School District. As a high school teacher of the year, a two-time college teacher of the year and a beloved mentor to students decades after graduation, Ramirez said he would still be in the classroom if a …

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New Jersey Public Employees’ Pension Fund Posts Surprisingly Strong Gains Despite Volatile Fiscal Year

New Jersey Public Employees' Pension Fund Posts Surprisingly Strong Gains Despite Volatile Fiscal Year

New Jersey’s public employees’ pension fund gained more than $5 billion in market value in the fiscal year ended June 30, bringing its total value to about $91.4 billion as it continued to rebound after heavy losses in 2022. That represents a 9.1% gain on investments, outperforming the funds’ benchmark and its long-term expected rate …

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Britain says change in pension funds needed to improve returns

Britain says change in pension funds needed to improve returns

Britain’s Chancellor of the Exchequer Jeremy Hunt leaves Downing Street in London, Britain September 13, 2023. REUTERS/Toby Melville/File photo acquire license rights LONDON, Oct 25 (Reuters) – Britain will not force pension funds to consolidate or invest in high-growth companies, but changes must be made to the sector to offer retirees better long-term returns term, …

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