CIM is out after nine years of failed efforts to develop a vacant lot in downtown Sacramento into an office tower. What’s next for the site is unclear.
The FBI is investigating a cybertheft of $4.2 million from the state’s pension fund for retired Oklahoma Highway troopers, state agents, park rangers and other law enforcement officers. The Oklahoma Law Enforcement Retirement System (OLERS) posted an announcement online about the investigation Thursday, 10 days after the money went missing.
Kentucky’s auditor of public accounts released a report that accuses the Kentucky Retirement Systems (KRS) and Teachers’ Retirement System (TRS) of failing to comply with a law passed two years ago that requires increased transparency in the state’s public retirement systems. KRS responded by calling the findings “highly flawed.”