Public pensions

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.

Among those affected by the EnerVest collapse are public pension funds in Texas, Colorado, Illinois, New Mexico, California and Florida.

The 11.2% return for fiscal 2017 represents a big rebound from the previous year.

Assumptions and contributions torpedoed Pennsylvania's pension funds, a University of Chicago report says.

Pension funding woes drove the downgrade and continued negative outlook.

A series of high-profile cases may endanger California’s “vested rights” doctrine.

New Jersey lawmakers forged a budget deal in the early hours of the Fourth of July that paved the way for a new law boosting the state’s underfunded pension system with lottery revenues.

Chicago Public Schools sent $467 million to the teachers' pension fund as required Friday.

Legislation to overhaul retirement benefits for Michigan teachers will make it easier to predict pension costs, S&P said.

Orange County is out of the woods, but other California governments face challenges.

A proposed ordinance calls for Chicago to funnel more money to two pension funds without state action.

New Jersey lawmakers advanced Gov. Chris Christie’s proposed transfer of lottery revenues to boost state pensions.

California lawmakers have approved a plan to borrow up to $6 billion to prepay pension obligations.

Funding levels of state pension plans dropped from 77% in 2014 to 69% in 2016

The union rank and file must OK the agreement as a budget deadline nears.