Public pensions

The policy would require firms to consider women and people of color for every open board seat and for CEO appointments.

The proposed 2020 Cook County spending plan comes ahead of Chicago's budget that must tackle a more than $800 million gap.

J.B. Pritzker wants lawmakers to pool the assets of hundreds of local public safety pension funds outside Chicago into two statewide funds.

Variables related to other post-employment benefit liabilities jeopardize core services in the tri-state area, said the Manhattan Institute.

Most of the deal from Connecticut's largest city will be taxable, with the lion's share going to a pension fund.

The fund is seeking to collect $1.8 million of the city's state-transferred tax funds to make up for claimed contribution shortfalls.

The continued low interest rate environment is compelling more cities to explore issuing the bonds.

Reports from S&P Global Ratings and Moody's Investors Service highlight fiscal strains Chicago, Illinois and some local governments face.

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

Mayor Lori Lightfoot's administration faces an $838 million budget gap as the city prepares to host investors at its annual buyside conference Friday.

Xay Khamsyvoravong, chairman of the Providence Water Supply Board, explains how this trending accounting tool could help offset Rhode Island’s local pension liabilities. Paul Burton hosts.

The Kentucky Supreme Court’s ruling prevented a quasi-governmental agency that filed for bankruptcy from leaving the state pension system.

Oklahoma joins the ranks of state and local governments struck by hackers, fueling concerns about the escalating risk of such attacks on municipalities.

Chicago says its met its obligations under the state pension code; all four of its pension funds have filed shortfall claims with the state.

Market observers says Lori Lightfoot should go light on one-time maneuvers, avoid fiscal gimmicks, and move the city toward structural balance.

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.

Lori Lightfoot is eyeing new taxes, debt refinancing, and state action to help close a $838 million gap.

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

Bloomfield Township it cutting its budget after voters rejected a tax levee that was to help it meet its $161 million in unfunded 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.