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For its fiscal year ended June, Gotham funds paid $472.5 million in fees to private fund managers, $100 million more than the previous year.

The state of Washington needs to form a public-private partnership that would then set up a defined benefit retirement plan, says the executive director of NCPERS during testimony.

Which method an actuary uses to determine a fund's discount rate can make the difference between a pension looking like it's in good shape. Or not.

Given the huge sums involved, it's no surprise there's plenty of controversy around pension plan derisking.

Fewer jobs, risky financial deals and declining revenues are true causes of the Motor City's fiscal woes, the report says.

Atlanta Fireman and police officers are suing the city over pension reforms.

CalPERS board says it's now seeking a risky, lower yielding portfolio and wants to keep the discount rate at 7.5 percent or higher.

Canadian teacher pension plan make sweet decision to invest in biscuit company.