Recent News
2011 City of Aurora-Police MPPP Board of Trustees Election Results 12/15/11
Brian Kelly and Tim Merrill Elected to MPPP Board of Trustees
Wurts Report Concenring European Debt Crisis
Fund Changes Effective May 2, 2011
Rainier Large Cap Equity Fund replaced by Nuveen Winslow Large Cap Groath Fund, and Artisan International Fund replaced by American Funds EuroPacific Growth Fund effective May 2, 2011. (click her for more information)
2011 City of Aurora-Police MPPP Board of Trustees Election Results 2/1/11
Plan Investment Consultant 09/30/10
After an exhaustive search and due diligence process spanning over six months. the Trustees of the City of Aurora-Police MPPP selected a new investment consultant, Wurts & Associates, in Sepatember 2010. (click here for more information about Wurts & Associates)
Defined Benefit (DB) vs. Defined Contribution (DC) Retirement Plan Articles & Information
The Board of Trustees of the City of Aurora-Police Money Purchase Pension Plan (MPPP) have been approached to enter the debate of defined benefit vs. defined contribution retirement plans by numerous participants of the MPPP. The following two emails have been disseminated to various participants of the MPPP to specifically address their respective concerns and questions regarding this debate. (click here for additional topic information).
Presentation Slides (including Fee and Investment Performance Comparison)
12/20/2010 Email from John Sopranuk Concerning State & Local Governments & Pensions
12/28/2010 Follow-up Email from John Sopranuk Concerning State & Local Governments & Pensions
Information and Concerns Regarding Defined Benefit Retirement Systems
The state of defined benefit systems, both globally and within the domestic structure of the United States, have been identified through numerous resources as being in a state of crisis. The articles and videos listed below address, in part, this crisis.
Federal Legislation and News
Gingrich Legislation - Allowing State Bankruptcy to Avert Bailouts - Pensions & Investments Article
State and Local References
Additional Resources
Illinois Needs Over $200 Billion, Not $15 Billion (blog - Mike Shedlock/Mish's Trends)
The NEXT 10 City Public Pension Funds That Will Run Out of Money (Gus Lubin / Business Insider)
The Looming Debt Crisis in the States (editorial - New York Times)
The First 11 State Pension Funds That Will Run Out of Money (Business Insider)
Public Pension Liquidity Crisis Leads Pension Magazine's List of Top Stories for 2010 (Drew Carter / Pensions & Investments)
Califirnia Is State Most Likely to Default After Illinois (Investment News)
MAP: Illinois and California Budget Gaps Worst in Nation
More on San Diego's School Pension Worries (blog - Emily Alpert / voiceofsandiego.org)
Survey finds deep distrust of state governments, revealing fiscal conundrum
State Pensions Face "Death Spiral" as Underfunding Grows
Report Warns of Coming Wave of Municipal Pension Shortfalls
Amid backlash and budget deficits, government workers' pensions are targets - video
Colorado PERA Actuarial Projections
The Trillion Dollar Gap article
This Time is Different article
MPPP/FPPA Retirement Plans Comparative Analysis
Memo Regarding Tax Treatment of Pre-1987 Mandatory After-Tax Contributions
Legal Opinion re FPPA Purchase of Past Service - May 23, 2005
Comparative Analysis of FPPA and Aurora-Police MPPP Retirement Plans - March 17, 2005
Retirement Report Newsletters
Next Board of Trustees Meeting(s)
Date: Monday, February 6, 2012
Time: 8:30AM (0830)
Location: City of Aurora-Police MPPP Headquarters
4643 S. Ulster Street, Suite 800 | Denver, CO 80237
Map: Click Here
Home | Participant Login | Plan Info | Investment Info | News | Contact Us | Site Map
copyright 2011 aurora-police mppp. all rights reserved.
|
|
|
|
|
|
|
|
|
