Public pensions

Lori Lightfoot's Aug. 29 speech comes one month ahead of the city's annual investors' conference.

The prospect of rock-bottom interest rates and a trade-war induced recession could put a greater strain on state and city retirement plans.

Including other post-employment benefit liabilities more accurately reflects debt levels, said state Treasurer Seth Magaziner.

Kevin Cullinan will will develop an enterprise risk management framework for the Connecticut Retirement Plans and Trust Funds, state Treasurer Shawn Wooden said.

Downstate and suburban Illinois public safety pension fund consolidation is the subject of much talk and possible future action

The new law lowers contribution rates for some agencies and allows them to opt out of the worst-funded pension plan in the country.

Chicago Mayor Lori Lightfoot reset the clock on release of the next year's budget forecast by moving the deadline one month later to the end of August.

The GOP proposal would slow down the full funding of the closed pension system, using annual savings for roads.

Milwaukee's change in its assumed investment rate of return will eventually lead to higher contribution levels, a credit positive, Moody's says

State officials hope boosts to two rating outlooks, an on-time budget, pension revisions and higher reserves will benefit its $244 million refunding.

Warnings about the weak health and liquidity risks of Chicago’ pension system litter the funds’ 2018 financial reports.

Researchers found many pension plans have already taken significant steps to assure their long-term sustainabilty.

Illinois is building a foundation to chip away at the state’s massive fiscal challenges, according to Deputy Governor Dan Hynes.

Chicago Mayor Lori Lightfoot, her finance team, and sister agencies will provide in-person fiscal updates at the city's annual investors' conference.

A state report says Connecticut should consider converting eligible state assets into a trust and using state lottery proceeds for its public pension systems.

Illinois is the only state that has not yet published its fiscal 2018 comprehensive annual financial report and officials don't have an estimated release date.

Garden State Initiative founder Regina Egea, a chief of staff under former Gov. Chris Christie, explores pressing fiscal challenges facing New Jersey. Hosted by Andrew Coen.

Poor returns piled another $2 billion onto Chicago's pension tab, but it won't add to the already $280 million contribution spike looming next year, according to its new CAFR.

The Illinois governor says the state, with its low ratings, is in no position to absorb its largest city's massive pension liabilities.

Charles Gasparino of FOX Business Network talks with Chip Barnett about the role municipal bonds play in the U.S. and how the market has changed over the years. He gives a look back at New York City's finances as well as the best ways to approach infrastructure spending across the country.