US - A lobbyist for the California Public Employees' Retirement System has promised a "major fight" over congressional Republican legislation to force wider disclosures from state and city pension funds.
A bill introduced on 2 December by incoming House Budget Committee Chairman Paul Ryan, a Wisconsin Republican, would force public retirement funds such as CalPERS to report annually on their financ...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date