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The consolidation upheld by the state Supreme Court promises efficiencies, but the hundreds of local funds involved still face structural challenges.
January 24 -
The Illinois Supreme Court upheld pension reform legislation championed by Gov. JB Pritzker that was challenged in court by first responder pension funds.
January 19 -
"It is a torpedo into one of the safest, most secure pension systems in the United States, if not the world," said North Carolina Treasurer Dale Folwell.
January 11 -
"The work done by our agency often focuses on the long-term," said Connecticut State Treasurer Erick Russell.
January 5 -
Despite federal restrictions, governments flush with stimulus funds funneled a significant amount toward pension plans in 2022, a new report found.
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"Preserving a livable planet and a thriving economy will require a collective global commitment both to the phase-out of fossil fuels and to massive new investments," said New York Comptroller Brad Lander.
December 21 -
The nation's fourth-largest city will have new officials at the helm of its government and finances for the first time in eight years.
December 18 -
West Virginia reduced its pension debt burden by 90% from 2000 to 2021, according to a recent report from the Pew Charitable Trust.
November 28 -
Recommendations from an actuary on the city's police and fire pensions come amid a rising unfunded liability and uncertainty over the use of pension bonds.
November 20 -
Funds invested into risky private equity and real estate could flow into bonds
October 11