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State’s largest pension fund selling interest in company that owns farm growing alfalfa
The state's largest public pension fund is selling off its interest in a company that owns a 3,000-acre western Arizona farm that grows alfalfa to ship to the Middle East.
Let’s let PSPRS wither away
The single best thing that could be done for Arizona cities when federal stimulus money arrives Governor Ducey, would be for the state to pay the next six months of the Public Safety Personnel Retirement System, or PSPRS, payments for any city that requests it.
Nick Ponder: Man about cities and towns and lobbying
Nick Ponder, the new legislative director at the League of Arizona Cities and Towns, said his goal is to reintroduce the organization to the Capitol community.
Board vacancies put public worker pension fund in neutral
Arizona Gov. Doug Ducey has allowed so many vacancies on the board overseeing the nearly $35 billion retirement pension fund covering the majority of state, city and county workers that it has been unable to do any substantive work since November.
House approves changes to ASRS system
The House approved a measure that would repeal automatic benefit increases for new state employees, and change benefits for surviving family members of deceased Arizona state employees.
Arizona panel recommends pension alternative for state
A committee that studied funding issues with Arizona's pension system for public employees is recommending that current and former workers be allowed to move into a 401(k)-style plan as an optional alternative to fixed-benefit pensions.
Brewer signs bill to reverse public pension change
Arizona Gov. Jan Brewer has signed a bill reversing a cost-cutting decision that made state and local government employees pay a bigger share of the costs of the state's main public retirement system.
Lawmakers eye pension fund for research cash
Lawmakers are trying to tap the state's main retirement system for public employees to replace state funding for research projects meant to help spur economic development.
