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New Jersey lawmakers forged a budget deal in the early hours of the Fourth of July that paved the way for a new law boosting the state’s underfunded pension system with lottery revenues.
July 5
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Legislation to overhaul retirement benefits for Michigan teachers will make it easier to predict pension costs, S&P said.
June 29
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A proposed ordinance calls for Chicago to funnel more money to two pension funds without state action.
June 28
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New Jersey lawmakers advanced Gov. Chris Christie’s proposed transfer of lottery revenues to boost state pensions.
June 27 -
The union rank and file must OK the agreement as a budget deadline nears.
June 26
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Michigan lawmakers approved fundamental changes to retirement benefits for teachers.
June 23
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New York City’s actual pension liability stands at $142 billion according to the Manhattan Institute.
June 20
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Unfunded liabilities will still pester Pennsylvania, Moody's says
June 20
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New Jersey's treasurer told lawmakers a proposal to boost the state’s underfunded pension system through lottery revenue would not negatively impact future budgets.
June 16
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Pennsylvania's new pension legislation does nothing to solve its budget deficit.
June 16
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The Michigan Senate and House approved changes to the teachers’ pension system as part of a state budget deal.
June 15
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The New Jersey proposal to use lottery revenue to boost its pension system is not viable, according to Municipal Market Analytics.
June 14
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Pennsylvania Gov. Tom Wolf signed a pension overhaul compromise bill.
June 13
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California Gov. Jerry Brown's plan to use a short-term state investment account to fund CalPERS faces some skeptics.
June 8
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Two Chicago pension funds could become insolvent sooner than projected.
June 6
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Pennsylvania's Senate passed a bill to overhaul retiree benefits.
June 6
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An 11-year decrease in Kentucky's workforce upended a key formula underpinning its pension system.
May 31
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Pennsylvania’s pension system for public school employees spent too much on investment fees, according to the state auditor.
May 26
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Connecticut Gov. Dannel Malloy released a framework to reshape contracts with state employee unions.
May 24 -
Federal tax reform efforts could mean trouble for public pension plans, experts said.
May 22
