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The fund returned 8.03% in FY18, ahead of its 7% annual target and ahead of its own benchmark, which returned 7.59%.
July 26 -
The University of Illinois at Chicago has launched the Government Finance Research Center.
July 24 -
The Harvey City Council will consider an agreement that allows it to keep some state funds being claimed by its pension funds.
July 18 -
James Spiotto warns that communities with pension problems face potential population loss if they raise taxes too high and are not able to maintain public service levels.
July 17 -
States and localities can’t continue to postpone resolving their pension problems or they will crowd out essential services and infrastructure and lose population, Chapman Strategic Advisors managing director James Spiotto says in a paper to be delivered in Washington on Tuesday.
July 16 -
Dallas will issue $235 million of bonds to settle lawsuits about officers' back pay.
July 16 -
Chicago's 2017 CAFR offers deep dive into Chicago's fiscal gains and deeper strains.
July 13 -
Moody's has cut the ratings of 31 Illinois municipalities due in part to pension strains over the last 18 months.
July 12 -
Most of the state's largest cities are making strides in trimming their OPEB liablities, a study says.
July 11 -
Fitch Ratings says the application of its new rating criteria is not expected to result in widespread downgrades.
July 10 -
Johara Farhadieh will maintain her responsibilities as CIO as she takes up the executive director role.
July 5 -
New Jersey’s police officers and firefighters received control over their pension management decisions.
July 5 -
Better management may not be enough for Hartford and other Connecticut cities, says the Manhattan Institute.
July 5 -
The government expects more than $600 million in additional revenues over 10 years.
July 3 -
Six straight treasurers want SEC chairman Jay Clayton to stay the course on the commission's forced arbitration policy.
July 3 -
Moody's calls Minnesota's pension reforms a positive for the state and its local governments.
June 29 -
The Illinois county plans a $175 million new money offering later this summer.
June 28 -
The state's capital funding needs are far short of its available funding resources.
June 26 -
Higher contributions and benefit cuts will reduce Minnesota's unfunded pension liabilities.
June 19 -
Harvey, Illinois, its public safety pension funds, and its revenue bondholders continue negotiating toward a settlement on revenue diversions.
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