Pension Matters

State Employees Retirement Fund
Most Recent Market Value | Michigan Treasury Bureau of Investments

2018

April

It was noted in these minutes that “pension performance for the past five and seven years of one of the best rankings against peers.” It was also noted that over the...

March

I hope many of you were able to hear Jon Braeutigam, Bureau of Investments, Michigan Department of Treasury speak at the February meeting...

February

Michigan Department of Treasury reminds taxpayers the 2017 tax year will not be affected when tax season begins later this month...

January

The Board held its final meeting of the year on December 12, 2017. Quarterly Investment Reviews can be found on the Treasury web site...

2017

December

Each of the 20 hedge fund portfolios of 17 U.S. state pension plans analyzed by Pensions & Investments produced positive returns in the fiscal year...

November

The adequacy of retirement income — from Social Security benefits and other sources — is substantially reduced by Medicare’s high out-of-pocket costs...

October

State Treasurer Nick Khouri announced recently that the state of Michigan successfully sold nearly $120 million in General Obligation Environmental Program bonds...

September

The quarterly meeting of the IAC was held on Thursday, September 9th. Guest presenter was David. Lebovitz Vice President - Global Market...

August

According to the National Public Pension Coalition, “The so-called pension crisis is a myth promoted by people who are either hostile to public employees, have a financial interest...

July

In last month’s newsletter I wrote about new security measures being put into place by Social Security in June which will require a security code for admission...

June

Starting June 10, the Social Security Administration will require you to choose a second identification method to log into your My Social Security online account. You’ll have to provide...

May

Business Leaders for Michigan, headed by President and CEO Doug Rothwell, issued a recent report indicating Michigan should no longer offer government workers...

April

I attended the March Investment Advisory Committee Meeting. Both Jon Braeutigam and Greg Parker provided an update...

March

Michigan Treasurer Nick Khouri today announced Michigan’s Chief Economist Jay Wortley is retiring effective Feb...

February

If legislators are able to get a repeal of the current pension tax on the governor’s desk, it will not get his signature...

January

Since I am always interested in pension issues, I couldn’t help but read the article in the Lansing Journal about...

2016

December

Michigan’s Republican-led Legislature will not vote this year on controversial plans to limit retiree health care benefits for local government...

November

Remember, you can also find a wealth of Pension related information on the Department of Treasury, Bureau of Investment web site...

October

A new study out from Center for Retirement Research at Boston College indicates that for many states, counties and cities, the “pension benefits “ sky is not falling. Their findings suggest that...

September

At the June, 2016 Investment Advisory Meeting, Mr. Braeutigam advised the board that the rate of return for...

August

When it comes to retirement finances, workers have two top concerns; that their pensions be reliable...

July

A recent article in Pensions and Investments indicates the “in sourcing” trend is up to save on the high cost of fees. Both ...

June

Having been on vacation during the past two weeks of May in beautiful Monterey, CA., this month’s Pension Matters will be short and sweet. Be back in full swing next month...

May

Chief Investment Officers (CIO) of some of the largest U.S. pension funds acknowledged they have little hope of earning their assumed...

April

Kerri Vanden Bosch, new Director of ORS, spoke to the CC in March. ORS administers retirement programs for public school employees, judges, state police, and National Guard members...

February

Jon Braeutigam, Chief Investment Officer and Robert Brackenbury, Senior Director of Investments gave us an update on the State Employees Retirement System (SERS) Pension Fund. The Bureau of Investment, in the department of Treasury...

January

Lansing SERA would like to congratulate Kerrie Vanden Bosch in her new role at ORS. The Department of Technology, Management and Budget has named her as its new director, as current Director Phil Stoddard will be retiring in February...

See archived Pension Matters and Market Altimeter issues.