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Annuity Savings Account

State pension funds top $30B in assets, a record

State pension funds top $30B in assets, a record

INDIANAPOLIS | A 13.7 percent investment return — more than double the 6.75 percent target — helped grow the assets of the Indiana Public Retirement System to an all-time high of $30.2 billion during the 2014 budget year that ended June 30.

September 20, 2014 11:15 pm Related

Big changes to public pensions may be on horizon

INDIANAPOLIS | Region residents considering a career in state or local government, including public education, may want to begin working in the next few years or risk losing a guaranteed pension benefit at retirement.

September 16, 2014 6:30 pm

Gov't employee retirements not tied to annuity change

INDIANAPOLIS | Indiana is seeing a retirement surge among state and local government employees and teachers this year, but it appears a state-ordered change to an optional retirement benefit isn't what's driving workers to end their careers.

August 26, 2014 6:00 pm

House panel votes to block annuity privatization plan

INDIANAPOLIS | State lawmakers took a first step Tuesday toward halting a plan to privatize the supplemental annuity payment available to retired state and local government employees, including teachers.

January 14, 2014 11:25 am Related
Indiana pension board stands by annuity privatization plan

Indiana pension board stands by annuity privatization plan

INDIANAPOLIS | State pension officials have rejected a legislative recommendation that they reconsider privatizing retirement annuity payments for state and local government employees, including teachers.

December 29, 2013 11:06 pm Related

Pension officials ignore legislative opposition to annuity privatization plan

INDIANAPOLIS | State pension officials refused Friday to back off their plan to privatize annuity payments for retired state and local government employees, despite a strong legislative recommendation that they reconsider.

October 25, 2013 10:35 am

Lawmakers repudiate annuity privatization for retired government workers

INDIANAPOLIS | A legislative panel recommended Monday that state pension officials halt their plan to privatize annuity payments for retired state and local government employees.

October 21, 2013 3:00 pm
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