Public pensions

Moody's cited high leverage and fixed costs attributable to the city's pension and other post-employee benefit plans. Voters decide on new bonds in November.

The structure in which bonds are backed by a lease of city streets is being used in the Southern California cities of Torrance and West Covina.

As teachers in some states return to classrooms, pension actuaries weigh the impact that the coronavirus could have on pension funds

The Illinois Public Pension Fund Association says POBs could offer a potential fix for some but some market participants urge caution due to POBs' perils.

The California Supreme Court upheld the state's 2013 pension reform, but said its ruling is not a reexamination of the "California Rule" on public pensions.

The Smart Plan received the leadership recognition award from the National Association of Government Defined Contribution Administrators.

Lottery revenues, used to cover a chunk of the state's pension payment, will fall about $163 million short.

In 15 years at Wilshire Consulting, he worked with public and corporate pension funds, foundations, endowments and insurance companies.

Public pension plans already received their 2020 funding by the time that the initial economic shock wave of the pandemic occurred.

The case that has the potential to upend legal precedent about how public pensions are treated in California.

Weak investment returns, assumption changes, and low contributions pushed up the cumulative unfunded liabilities of 11 local government pension funds.

The California Supreme Court will hold online oral arguments Tuesday in a public pension case that could challenge the so-called "California Rule."

According to the survey that Tom Kozlik prepared, more than 90% of 211 analysts and specialists found coronavirus the most compelling issue facing the public finance industry. Public pensions ranked second.

The ultimate impact of the bear market on pension risks is likely to vary widely among issuers, making granular analysis more important and valuable.

Senate Majority Leader Mitch McConnell said Wednesday he favors allowing states struggling with high public employee pension costs amid the burdens of the pandemic response to declare bankruptcy rather than giving them a federal bailout.

The plunge of the financial markets amid COVID-19 stands to push up pension costs — and budget strain — for the city.

Dan DiSalvo, a Manhattan Institute senior fellow, explains how the state provides a model for tackling other post-employment benefits liability. Paul Burton hosts.

Public pensions that relied on equity growth to ease unfunded liabilities could face a harsher reality, experts told The Bond Buyer's Texas Public Finance Conference.

The Democrat unveiled a $40.9 billion FY 2021 spending plan that again pushes for higher taxes on incomes above $1 million.

Public safety retirement costs are most significant at the city and county levels where they average 4.9% of aggregate spending for cities and 1.9% for counties.