March 29, 2013
Kathleen McLaughlinThe Indiana Legislature has passed a bill that would cut off supplemental benefits for public pensioners in their second careers
— a practice commonly known as double-dipping.
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October 4, 2012
Associated PressGov. Mitch Daniels said Thursday that $207 million will be invested in teacher pensions, along with $90 million toward judges'
pensions and $32 million for police pensions.
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August 11, 2012
The Indiana Public Retirement System has cut its assumed rate of return from 7 percent to 6.75 percent, becoming the first
large pension system in the country to go below 7 percent.
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July 28, 2012
Kathleen McLaughlinThe $25.3 billion Indiana Public Retirement System is in the midst of hiring managers to carry out a strategy where more money
will be in hedge funds, private equity and real estate than stocks.
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February 29, 2012
Associated PressState senators allocated more state money for victims of the Indiana State Fair stage collapse and full-day kindergarten as
part of a broad spending plan approved Wednesday.
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November 12, 2011
IBJ StaffThe new asset mix, approved by the Indiana Public Retirement System’s board late last month, includes a lower concentration
of public equities.
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September 17, 2011
Francesca JaroszThe pension fund that holds benefits for public employees has seen improved investment returns over the last two years, but
the hammering it took during the depths of the recession continues to deal a blow to cities, counties and other employers.
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April 1, 2011
Associated PressIndiana lawmakers plan to set aside more money in the next two-year budget to help deal with unfunded pension liabilities,
but experts warn the amount needed to pay retirees will only grow in the next 15 years.
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July 8, 2010
IBJ Staff and Bloomberg NewsTimothy Walsh will take over a $68 billion pension fund, eight times larger than the $8.5 billion Indiana State Teachers Retirement
Fund he headed since 2008.
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June 8, 2010
IBJ Staff and Associated PressThe chief investment officer for Indiana's public employee pension fund is taking a similar job in North Carolina at a base
salary of $320,000.
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May 11, 2010
IBJ Staff and Associated PressSteve Russo was chosen Monday as executive director of both the Indiana Public Employees' Retirement Fund and the Indiana
State Teachers' Retirement Fund.
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April 21, 2010
Associated PressIndiana is among the nation's five most underfunded teacher pension programs, but low ranking is misleading.
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April 10, 2010
IBJ StaffThe Washington, D.C.-based Pew Center on the States says Indiana “needs improvement” in setting aside money for
retirees’ future health care and other benefits.
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February 26, 2010
Peter SchnitzlerKey House Democrat recommends summer study for a Gov. Daniels legislative priority: consolidation of the $14.2 billion Indiana
Public Employees Retirement Fund and the $8.1 billion Indiana State Teachers Retirement Fund.
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January 30, 2010
Peter SchnitzlerGov. Mitch Daniels wants legislators to revive a merger of the Indiana Public Employees Retirement Fund and the Indiana
State Teachers Retirement Fund. He says the move could save up to $50 million a year in fees.
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December 14, 2009
IBJ Staff and Associated PressThe justices on Monday turned down an appeal from the state of Indiana pension funds that earlier challenged the automaker's
bankruptcy proceedings.
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November 14, 2009
Cory SchoutenThe Indiana State Teachers’ Retirement Fund is negotiating to buy a 12-story office building across from the
Statehouse in what could be the year’s largest downtown office transaction.
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March 9, 2009
We're generally supportive of a plan to merge the state's two largest public pensions in an effort to save money, but it's
hard to know exactly what to think considering the lack of detailed information available about the performance of the funds.
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March 9, 2009
I am not at all sure that a merger of two public pension plans is not a good idea, possibly just not under current investment
management auspices.
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March 9, 2009
Whether or not the Indiana Public Employees' Retirement Fund and the Indiana State Teachers' Retirement Fund consolidate,
their primary financial consultants are merging.
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March 2, 2009
Peter SchnitzlerThe state's two biggest pension funds are poised to combine into one Indiana Public Retirement System, with a single executive
director and board.
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January 5, 2009
John GuyIBJ reported in November that the Indiana Public Employees Retirement Fund will allocate 15 percent to 30 percent of its investments
in "alternatives." Unfortunately, the term means nothing to those of us outside PERF and probably confuses PERF
itself.
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December 1, 2008
A new national analysis of U.S. public pension funds suggests most invest prudently, even in volatile times.
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November 24, 2008
Peter SchnitzlerIndiana's public pensions lost $5 billion in the 12 months ending Sept. 30.
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It's also across the street from Fogo de Chao and Morton's....
Yep, the haters are trying to make good news bad. I guess it is hard to get people to believe the series is dying when they are gaining new sponsors.
David Copperfield! I remember watching his specials on TV when I was little.
Don't forget this is next to an MMA gym, a pawn shop, and some abandoned spaces.
Good project for Zionsville - A group who has owned the property for many years has waited and worked patiently to bring highest and best use development to a major corridor, and mix that in with the great downtown you have. Win Win. All the Best to Pittman Partners and Zionsville.