Public pensions

The Pritzker administration says it can now afford to make the full originally scheduled pension contribution without re-amortizing the funding timetable.

A graduated income tax could lay the groundwork for Illinois to rebuild its credit quality — but only if done right, according to the rating agency.

Chicago and its pension funds dispute whether the city is meeting its obligations; the city says the state comptroller is too quick to believe the funds.

Thirty-five local plans carry a combined unfunded liability of roughly $2.5 billion, a slight increase from last year, a state report says.

Birmingham, Alabama's general obligation bond rating was lowered one notch by Moody's due to growing pension liabilities.

The one-time cash infusion would go toward the unfunded liability of the Teachers' Retirement Fund ‘96 — the defined benefit plan for teachers hired after June 30, 1995.

Plans in Illinois, Kentucky, Connecticut and New Jersey still show low funded ratios, while the best funded plans experience better-than-average returns.

Oregon Gov. Kate Brown takes aim at school pension liabilities.

The full state Senate will weigh Gov. J.B. Pritzker's proposal to ask voters to approve a graduated tax system after it cleared a committee.

The number of states aiding school districts with pension costs is expected to grow as pension burdens escalate.

With a trillion dollar infrastructure deficit looming and a bill not yet on the table, many are wondering how pension funds could help.

Attorney Lori Lightfoot will become the city's first African American woman mayor when she takes office on May 20.

Fallout from a decision against Warwick, Rhode Island's two-tiered firefighter system raises red flags, says pension expert James Spiotto.

Birmingham, Alabama's general obligation bond rating was lowered one notch by Fitch due to growing pension liabilities.

The initiative by New York City Comptroller Scott Stringer and the pension fund trustees raises the assets committed through the program above $1.5 billion.

Moody's views the ruling positively, but S&P says the court sidestepped the main issue.

Shawn Wooden expects his proposal to fix to state teachers’ pension system to kick-start an agenda that includes infrastructure, improved returns and financial literacy.

J.B. Pritzker will defend his fiscal 2020 budget and pension proposals as well as his gamble on waiting for voters to approve graduated income tax rates.

The California Supreme Court left the so-called California Rule on pensions untouched in a ruling favoring the state's right to eliminate an "air time" benefit.

The next mayor will be under pressure on pension funding, labor contracts and economics, S&P Global Ratings said.