Pension reform

The latest garnishment request comes as a task force on downstate and suburban public safety fund consolidation nears recommendations.

State Senate Majority Leader Loretta Weinberg discusses a proposed millionaire’s tax, transportation funding, pension liabilities, the long-stalled Gateway project and other topics impacting New Jersey’s financial future. Andrew Coen hosts.

The director of the Kentucky Retirement Systems says the state has built in a risk margin to avoid an adverse effect on liabilities.

State Rep. Jonathan Steinberg and EisnerAmper's Michael Imber discuss the recommendations of the Connecticut Pension Sustainability Commission, including asset transfers. Paul Burton hosts.

Downstate and suburban Illinois public safety pension fund consolidation is the subject of much talk and possible future action

The new law lowers contribution rates for some agencies and allows them to opt out of the worst-funded pension plan in the country.

Milwaukee's change in its assumed investment rate of return will eventually lead to higher contribution levels, a credit positive, Moody's says

Warnings about the weak health and liquidity risks of Chicago’ pension system litter the funds’ 2018 financial reports.

Researchers found many pension plans have already taken significant steps to assure their long-term sustainabilty.

Illinois is building a foundation to chip away at the state’s massive fiscal challenges, according to Deputy Governor Dan Hynes.

A state report says Connecticut should consider converting eligible state assets into a trust and using state lottery proceeds for its public pension systems.

Garden State Initiative founder Regina Egea, a chief of staff under former Gov. Chris Christie, explores pressing fiscal challenges facing New Jersey. Hosted by Andrew Coen.

The Oversight Board has reached an agreement with the Committee of Retirees that makes a flat 8.5% cut to pensions over $1,200 a month and does not change payments to the 61% of current retirees who receive monthly pensions of $1,200 or less.

The Oversight Board called the deal to reduce cuts to retirees a "crucial step" toward restructuring $25 billion in bonds and loans.

An analysis says Philadelphia is on a path toward paying down its liabilities, though the funding burden will continue to crowd out other priorities.

A bid to stabilize New Jersey’s soaring pension and healthcare costs faces an uphill battle against the state’s Democratic governor and organized labor.

New Jersey Senate President Steve Sweeney says the state needs to overhaul pension and health benefits to rebuild its ratings.

Oregon Gov. Kate Brown takes aim at school pension liabilities.

The number of states aiding school districts with pension costs is expected to grow as pension burdens escalate.

Fallout from a decision against Warwick, Rhode Island's two-tiered firefighter system raises red flags, says pension expert James Spiotto.