/tags/cincinnati-retirement-system Cincinnati retirement system en-US Copyright Tue, 03 Sep 2024 21:12:30 GMT /politics/2024-09-03/cincinnati-retirement-systems-unfunded-liability-grows-again-but-investment-returns-are-better The Cincinnati Retirement System's annual report for 2023 shows the long-troubled system is about $824 million short of what's needed to cover retirees by 2045. Tue, 03 Sep 2024 21:12:30 GMT /politics/2024-09-03/cincinnati-retirement-systems-unfunded-liability-grows-again-but-investment-returns-are-better Becca Costello /politics/2023-05-04/cincinnatis-pension-fund-is-still-underfunded-still-not-on-track-to-improve Cincinnati retirement system still underfunded, still not on track for full funding. Thu, 04 May 2023 20:42:47 GMT /politics/2023-05-04/cincinnatis-pension-fund-is-still-underfunded-still-not-on-track-to-improve Becca Costello /politics/2022-03-28/cincinnatis-retirement-system-is-not-on-track-for-full-funding-without-changes The current estimated unfunded liability is about $724 million. Officials say the retirement system can be fully-funded by 2045 if the city immediately increases its yearly contribution. Mon, 28 Mar 2022 20:25:33 GMT /politics/2022-03-28/cincinnatis-retirement-system-is-not-on-track-for-full-funding-without-changes Becca Costello /local-news/2018-02-20/council-and-retirement-board-at-odds-over-money-in-private-prisons A Cincinnati council majority isn't happy the city's retirement board has no plans right now to divest in the holdings the pension fund has in private… Tue, 20 Feb 2018 22:29:01 GMT /local-news/2018-02-20/council-and-retirement-board-at-odds-over-money-in-private-prisons Jay Hanselman /local-news/2017-08-30/council-majority-cincinnati-pension-board-should-drop-private-prisons-from-stock-portfolio At least five Cincinnati Council members, with the support of Mayor John Cranley, say the city shouldn't have pension funds invested with companies that… Wed, 30 Aug 2017 15:51:52 GMT /local-news/2017-08-30/council-majority-cincinnati-pension-board-should-drop-private-prisons-from-stock-portfolio Jay Hanselman /local-news/2017-06-15/cincinnati-pension-system-funding-level-remains-good-but-flat Cincinnati's retirement system was better funded last year when compared to just five years ago. The improved results largely stem from a collaborative… Thu, 15 Jun 2017 18:51:31 GMT /local-news/2017-06-15/cincinnati-pension-system-funding-level-remains-good-but-flat Jay Hanselman /local-news/2015-02-17/long-council-hearing-on-cincinnati-pension-system Cincinnati council members spent nearly four hours Tuesday questioning the fund managers and the actuary for the city's pension system.Some are worried… Wed, 18 Feb 2015 01:06:58 GMT /local-news/2015-02-17/long-council-hearing-on-cincinnati-pension-system Jay Hanselman /local-news/2014-03-27/cranley-on-manager-search-pension-and-doj-forum Cincinnati Mayor John Cranley has now selected a firm to lead the search for the next city manager. He said during his weekly press briefing Thursday he… Thu, 27 Mar 2014 16:08:05 GMT /local-news/2014-03-27/cranley-on-manager-search-pension-and-doj-forum Jay Hanselman /local-news/2014-03-17/cincy-council-ready-to-support-federal-mediation-for-pension-issue Cincinnati Council is ready to endorse a process that would let a federal court mediate a solution to the city's underfunded pension problem. The Budget… Mon, 17 Mar 2014 21:32:16 GMT /local-news/2014-03-17/cincy-council-ready-to-support-federal-mediation-for-pension-issue Jay Hanselman /local-news/2014-03-17/cincinnati-council-to-discuss-pension-mediation-monday Cincinnati Council's Budget and Finance Committee holds a public hearing Monday on a plan to let a federal judge mediate a solution to the city's pension… Mon, 17 Mar 2014 08:00:00 GMT /local-news/2014-03-17/cincinnati-council-to-discuss-pension-mediation-monday Jay Hanselman