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Congress has taken no significant action on bills that would stop the depletion of the United States Virgin Islands' government pension system for 21 months.
April 3 -
Moody's Investors Service bumped Chicago's outlook to positive from stable, while affirming the city's Baa3 issuer and general obligation bond ratings.
January 22 -
For the three-month period ending June 30, the fund's investments returned about 3.08%.
August 17 -
The Senate proclamation says Shields left behind "an indelible mark on the public finance industry."
July 27 -
"We believe pensions have an elevated probability of stressing the state and local governments' budgets even as Illinois has made supplemental contributions above the statutorily required amounts," S&P Global Ratings analyst Joseph Vodziak said.
June 27 -
The demographics of the public-sector workforce are likely to change, even as many state and local governments consider increasing wages and improving other benefits to attract and retain employees.
February 14Build America Mutual -
Strong 2021 contribution levels continue a trend that began with pension reforms made in the wake of the Great Recession.
January 3 -
Chicago is leading the pack in pension fund problems.
September 27 -
New Jersey and Illinois have the lowest state bond ratings. But all three states have been ramping up pension contributions, according to S&P Global Ratings.
August 8 -
S&P Global Ratings says that without funding reform, New Jersey's pension system may continue to negatively impact the state's credit outlook for decades.
July 1