Pension Matters
State Employees Retirement Fund
Most Recent Market Value | Archived Monthly Profiles | Investment Advisory Board Minutes
2012 |
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As of January 2012, pensions for retirees born after 1952 in the state of Michigan will no longer be exempt from state income taxes... |
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2011 |
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The Office of Retirement Services and the Department of Treasury, Bureau of Investments has developed more online access to pension information... |
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Finally — a Raise! SSA COLA for 2012 is scheduled to be 3.6%... |
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The ruling on the legality of Gov. Rick Snyder’s senior pension tax is close at hand, according to Michigan Supreme Court Chief Justice Robert Young, Jr.... |
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September was welcomed with relief from a market off 15% though August and the average stock off 25%. With that in mind and a look to the future, Board members were asked to... |
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Per the most recent Pension Profile, the fund continues to be lead by domestic equities at nearly 35% with a slight increase in real estate holdings and absolute and real return investment strategies... |
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Last month Council Chair, Bob Kopasz, Legislative Chair, Mary Pollock and I met with Jon Braeutigam, Chief Investment Officer and Robert Brackenbury, Chief Administrative Officer for the Bureau of Investments... |
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I attended the State Employees Retirement System Board meeting today where they received the actuarial pension and healthcare valuations for the period ending 9/30/10... |
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I attended the recent State Employees Retirement System Board Meeting. Greg Parker, Deputy Chief Investment Officer of the Bureau of Investments in the Department of Treasury provided a report. According to the report there are 50,462 retirees.. |
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A recent acquisition of Accuri Cytometers by Becton, Dickinson & Co (NYSE:BDX) for $205 million represents the first cash return on investment for InvestMichigan according to... |
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The January, 2011 Market Value Report from Treasury shows the retirement funds are invested at 35.9% domestic equity; 20.2% alternative investments; 15.2% fixed income... |
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A recent article in Forbes by Edward Siedle chastises the Florida Board of Trustees for the Florida Retirement System for shifting large sums of pension funds to “alternative investments.”... |
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Fund has recovered from it downturn beginning in May. However, as to overall growth, it has not gained much over its peak in March... |
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See archived Market Altimeter issues.