Learn how trustees can fulfill fiduciary duties in securities class action litigation by implementing portfolio monitoring and adopting clear litigation policies. Continue Reading
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Public Pension News
The latest updates on legal affairs impacting public pensions. Find out how to submit articles on this topic here.
By: Erin Woods, Nancy Kulesa, and William Massa, Bleichmar Fonti & Auld LLP Without the deterrent power of strong enforcement, investors face increased risks of transacting in securities without complete and accurate information about a particular issuer. Congress entrusted regulators as... Continue Reading
Explore a comprehensive 50-state review of state constitutional protections for public pension benefits, highlighting contract principles and the California Rule. Continue Reading
California Supreme Court reviews LACERA v. County of Los Angeles, focusing on pension boards' independent authority over personnel compensation to protect trustee independence. Continue Reading
Explore the critical April budget talks as President Trump and GOP push tax cuts, spending reforms, and pension impacts amid debt ceiling debates. Continue Reading
Explore how IRS funding cuts impact tax law enforcement and guidance on SECURE Act changes, affecting public pension plans and state tax revenues. Continue Reading
The Social Security Administration has begun paying retroactive and increased benefits to public sector workers affected by WEP-GPO, following the repeal under the Social Security Fairness Act. Continue Reading
Recent Supreme Court rulings limit SEC enforcement power, shifting investor protection to litigation. Learn how these decisions impact securities fraud cases. Continue Reading
Explore the LACERA v. County of Los Angeles case before the California Supreme Court, impacting pension board governance, fiduciary independence, and talent recruitment. Continue Reading
Canada is exploring pension investing rule changes to promote "asset recycling," enabling pension funds to invest in infrastructure like airports and utilities, boosting capital for public projects. Continue Reading
The Social Security Fairness Act repeals WEP-GPO, boosting retirement benefits for 6.5M public sector workers. Awaiting President Biden's signature. Continue Reading
Learn about the latest House hearing on Social Security's WEP and GPO penalties, potential formula changes, and their impact on retirees and legislation. Continue Reading
