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"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 -
The total unfunded pension liability for all 50 states is expected to be $1.3 trillion for fiscal 2023, according to a Reason Foundation analysis.
October 10 -
The city, which issued POBs in 2005, is awaiting recommendations from an actuary on how to deal with a $3 billion unfunded liability in its public safety fund.
September 1