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The city has amassed more than $95 billion in other post-employment obligations without any credible plan to pay it off, the report says.
October 26 -
Treasurer Denise Nappier called for sound bond-cap provisions, full funding of ARCs and adherence to a 2008 pension bond covenant.
October 23 -
A bill will be released in coming weeks detailing a new structure for all of the state’s retirement plans.
October 19 -
Pension pre-funding dropped to 68% in fiscal 2016 compared to an average of 75% the year before.
October 18 -
The report is “full of misinformation," according to Gov. John Bel Edwards' office.
October 16 -
Irresponsible practices by policymakers drove debt to $11.7 billion, according to a report refuted by a pension official.
October 12 -
The Government Accountability Office sees big challenges for three U.S. territories.
October 10 -
California city officials say the rising share of their budgets demanded to fund pensions reduces their ability to provide services and raises the specter of insolvency.
October 5 -
The state's treasurer, Seth Magaziner, cited the “back to basics” strategy his office undertook about a year ago.
October 2 -
California has put a lot of effort into burnishing its finances and it shows, according to John Ceffalio, Vice President of Municipal Credit Research at AllianceBernstein. He discusses the ways the state has been paying down debt and how it has enacted a clever approach to prepaying pensions. Hosted by John Hallacy.
September 19 -
The outcome of Missouri's limited pension buyout plan could catch the eye of other governments.
September 15 -
The rating agency cautioned that rising pension costs and revenue restraints could pose challenges.
September 14 -
The Teachers Retirement System issued a warning after state budget changes lowered this year's contribution to the fund.
September 12 -
William Cox of Kroll discusses their latest report on Chicago’s pension funding, which goes beyond the static ratio analysis that is done for pensions across the industry. Kroll poses the question just how affordable is the pension liability. Hosted by John Hallacy.
September 12 -
Public school teacher pensions remain in bad shape nationwide even after some recent positive developments, a reform advocacy group said Friday.
September 8 -
Public retirement plans are walking a tightrope with high-yield return strategies, Moody's said.
September 7 -
Corbally will advise endowments, foundations, pension funds, and other institutions.
September 1 -
A state appeals court ordered Harvey, Illinois to levy a property tax to boost the nearly insolvent firefighters' fund.
August 29 -
Narrowing liquidity and elevated liabilities led to the one-notch downgrade and a negative outlook.
August 28 -
New Jersey’s plan to
transfer lottery revenues toward pension funding fails to tackle the state's
immediate liability woes, according to Moody’s Investors Service.August 16




















