Public pensions

Local government public safety pension funds are armed with new funding enforcement mechanism.

La Verne, California expects to price the bonds before the end of June.

Chicago suburb warns of "catastrophic” impact of state withholding funds.

Restructuring expert Michael Imber of EisnerAmper explains how in-kind real-estate asset contributions could curb the state's steep unfunded liability. Paul Burton and Chip Barnett host.

Though the legal setback is "harmful" to the Chicago Park District's plan to increase pension funding, it doesn't cause a budgetary crisis, S&P said.

The Legislature's budget failed to provide debt service on some bonds, decimated reserves, and lacked full funding for core services, Gov. Matt Bevin said.

Atlantic City's state overseer sees a “major” breakthrough following a $49 million bond sale.

Kentucky lawmakers approved a $22 billion biennial budget bolstered by cuts for most state agencies, transfers and new revenue.

Former broker Deborah Kelley could end up paying close to half a million dollars in fines, penalties, and restitution for her role in defrauding the New York State Common Retirement Fund.

The New Jersey legislature again passed legislation to hand police officers and firefighters control of their pension fund.

The district must come up with a new plan to save its pension fund from insolvency.

Restructuring expert Michael Imber says momentum is building for such a strategy, which he says could improve the state's funding ratio.

The state, after multiple rating downgrades and facing budget strife, declining revenue and a pension funding dispute, plans a GO new-money and refunding sale.

Democratic challenger J.B. Pritzker will take on Republican incumbent Bruce Rauner.

Moody's Investors Service cut Milwaukee's rating to by a notch to A1.

The Virgin Islands pension system is seeking a court order for the government to pay at least $213 million allegedly owed to the system.

Pension policy decisions made to improve funding levels are putting financial pressure on school districts through higher contributions.

Moody's Investors Service upgraded San Francisco's general obligation bonds to Aaa.

When and if the state actually funds its pension system on an actuarial basis is the key question for New Jersey, analysts said.

The state House approved a $22.5 billion general fund budget that relies on fees and tax increases to fund priorities like pension obligations.