Colorado PERA freezes bonuses

clock •

US - The Colorado Public Employees Retirement System has announced it will not pay bonuses to staff for 2008 results.

The pension fund said: "Colorado PERA is sensitive to the issue of employee compensation and we realize that these are difficult economic times for our members, retirees, employers, and taxpayers o...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on North America

North America

CalPERS issues indexing RFP

US - The California Public Employees' Retirement System (CalPERS) is in search of a manager to provide index fund products for six of its trust funds.

Jenny Cosgrave
clock 02 November 2011 •
North America

Verizon, AT&T to face significant pension costs in 2012

US - Telecommunications companies AT&T and Verizon Communications could face increased pension payments next year as their liabilities soar to a combined $73.2bn, according to an analyst note from Bernstein Research, a unit of AllianceBernstein.

Jenny Cosgrave
clock 26 October 2011 •
North America

News Corp. board under further investor pressure

US - Rupert Murdoch and other News Corporation directors face opposition from corporate governance advisory firm ISS which advised shareholders to vote against their re-elections to the board.

Jenny Cosgrave
clock 11 October 2011 •
Trustpilot