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A series of high-profile cases may endanger California’s “vested rights” doctrine.
July 6
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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.
July 5
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Chicago Public Schools sent $467 million to the teachers' pension fund as required Friday.
June 30
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Legislation to overhaul retirement benefits for Michigan teachers will make it easier to predict pension costs, S&P said.
June 29
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Orange County is out of the woods, but other California governments face challenges.
June 29
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A proposed ordinance calls for Chicago to funnel more money to two pension funds without state action.
June 28
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New Jersey lawmakers advanced Gov. Chris Christie’s proposed transfer of lottery revenues to boost state pensions.
June 27 -
California lawmakers have approved a plan to borrow up to $6 billion to prepay pension obligations.
June 27
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Funding levels of state pension plans dropped from 77% in 2014 to 69% in 2016
June 26
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The union rank and file must OK the agreement as a budget deadline nears.
June 26
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Michigan lawmakers approved fundamental changes to retirement benefits for teachers.
June 23
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New York City’s actual pension liability stands at $142 billion according to the Manhattan Institute.
June 20
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Illinois’ credit distress makes some investors wonder about New Jersey, according to Citi analysts who see Garden State opportunity.
June 19
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New Jersey's treasurer told lawmakers a proposal to boost the state’s underfunded pension system through lottery revenue would not negatively impact future budgets.
June 16
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Pennsylvania's new pension legislation does nothing to solve its budget deficit.
June 16
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The Michigan Senate and House approved changes to the teachers’ pension system as part of a state budget deal.
June 15
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The New Jersey proposal to use lottery revenue to boost its pension system is not viable, according to Municipal Market Analytics.
June 14
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PNC Capital Markets managing director Tom Kozlik discusses the results of his third annual poll of municipal bond analysts, which reveals pensions and Washington policy uncertainty as the two biggest concerns. Hosted by Paul Burton.
June 13
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Pennsylvania Gov. Tom Wolf signed a pension overhaul compromise bill.
June 13
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Dallas and Houston are on the right path to fixing their troubled pensions, according to Moody's.
June 8
