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The $242 million payment that's being made in addition to regularly scheduled contributions launches the city's policy aimed at staving off growth in its unfunded liabilities, a goal made all the more urgent by the beating pension funds are taking on their investments.
January 6 -
Strong 2021 contribution levels continue a trend that began with pension reforms made in the wake of the Great Recession.
January 3 -
A separate report showed the state's workforce declined by 1% between 2011 and 2021 while the workforce increased 5.1% nationally during that time frame.
November 23 -
Fitch and S&P downgraded the city as it grapples with rising costs, limited revenue prospects and a looming pension funding spike.
November 21 -
Coconino County has issued debt to fund its prepayment to the Arizona State Retirement System, while Pinal County has a bond sale pending.
November 7 -
Houston has built up a $344.8 million general fund balance and reduced its unfunded pension liability to about $1.5 billion ahead of a possible economic slump.
September 29 -
Former SEC Commissioner Paul Atkins and others are concerned about politics entering public pension funds.
September 22 -
A three-judge panel reversed a district court's ruling in favor of the city's Firefighters' Relief and Retirement Fund that the law was unconstitutional.
August 31 -
A way to look at city regeneration, infrastructure and the virtuous cycles of funding these initiatives through long-term pension investments obligations.
July 27Legal & General Capital -
Most public pension funds are fragile not distressed, according to Equable.
July 21