Public pensions

Corbally will advise endowments, foundations, pension funds, and other institutions.

A state appeals court ordered Harvey, Illinois to levy a property tax to boost the nearly insolvent firefighters' fund.

Narrowing liquidity and elevated liabilities led to the one-notch downgrade and a negative outlook.

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.

Federal Judge Juan Sánchez acknowledged the complexity of the case.

New Jersey’s pension funds will benefit significantly from a new law that mandates irrevocable contributions from the state’s lottery for the next 30 years, according to Kroll Bond Rating Agency.

The Texas cities are preparing to ask for about $2.5 billion of bonds in November.

Eugene DePasquale urged the system to pay Wall Street less and better educate its board members.

Funding requirements will "escalate significantly" in coming years, Moody's said.

Chicago’s rising pension costs and other budgetary pressures cast a wide shadow over big gains the city has made in whittling down its structural budget.

The bipartisan Lottery Enterprise Contribution Act may mark the turning point in New Jersey’s long-term credit rating slide.

Moody's cited a vote to raise employer contribution rates.

The authors discussed transparency benefits and public pensions at the Washington event.

The average 7.6% expected investment return for public pension plans is rosier than projections of many investment firms.

Moody's Investors Service cited underperforming revenues and low pension funding levels.

New Jersey’s dead-last ranking in an analysis of state fiscal conditions underscores the Garden State’s challenges.

Moody's says the legislation will be credit positive for school districts and the state.

The affirmation at Baa3 removed the threat Moody's would send Illinois to junk.

Prefunding would help local governments begin to tackle mounting retiree benefit costs, the report said.

The Title III bankruptcy judge approved a deal to pay Puerto Rico Employees Retirement System bondholders interest through October.