Public pensions

The new GASB standards apply to Other Post-Employment Benefits, or OPEB, which mostly pertain to retiree health benefits, but also can include dental, vision, disability and death benefits.

"I thought their approach was novel," Connecticut Lottery Corp. President Gregory Smith said of New Jersey's maneuver to boost pension funding.

Rahm Emanuel, who is not seeking re-election, offered a budget with no tax increases or answers to long-term pension funding questions.

Jim Spiotto of Chapman Strategic Advisors explores creative means to revive states and cities and boost pension funding. He also discusses lessons learned from the Lehman Brothers collapse. Paul Burton hosts.

As Oregon schools, municipalities and public agencies face another major increase in public pension costs come July, some are considering a risky solution.

Moody's cut the rating of Oak Lawn, Illinois, to the lowest investment grade level.

Pension obligation bonds won't be in the mayor's budget plan, and rising rates are making it harder for a deal to pencil out.

More than 100 local governments around the state will ask their voters to approve tax measures in November.

An asset transfer that links a revenue-producing asset to public pension funds may provide long-term solutions to poorly funded systems.

The New York City Comptroller is encouraging greater diversity among investment managers hired by the city’s pension funds.

Municipal bond market participants offered their views on how California will confront housing, education and transportation challenges.

One proposal is to use the Chicago water system to fund the Windy City’s public employee pension plans.

Candidates in the mayoral and governor's races acknowledge daunting pension burdens without offering concrete solutions.

The district will bring $75 million of new money and refunding bonds to market.

Pennsylvania’s two largest public pension systems are paying much higher private equity fees than they report -- a nearly $4 billion differential -- a finance professor told an oversight panel.

Alton still needs a long-term public safety pension funding solution, S&P Global Ratings said as it downgraded the city.

The flattening of the U.S. Treasury yield curve can be a misleading signal of recession, New York City’s Bureau of Asset Management said.

Mayor Bill de Blasio and Comptroller Scott Stringer want to double energy efficiency investment to $4 billion over three years.

Thefirefighters' pension fund says Chicago shorted it $3.3 million, and wants to use an Illinois law to intercept state grant funds.

A $10 billion POB deal would be a tougher sell now that Rahm Emanuel has said he won't seek another term.