Public pensions

The New Jersey proposal to use lottery revenue to boost its pension system is not viable, according to Municipal Market Analytics.

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.

Pennsylvania Gov. Tom Wolf signed a pension overhaul compromise bill.

Dallas and Houston are on the right path to fixing their troubled pensions, according to Moody's.

New York City has become the first pension system in the nation to have totally divested its holdings in private prison companies, NYC Comptroller Scott Stringer said on Thursday.

California Gov. Jerry Brown's plan to use a short-term state investment account to fund CalPERS faces some skeptics.

Two Chicago pension funds could become insolvent sooner than projected.

Pennsylvania's Senate passed a bill to overhaul retiree benefits.

Chicago is offering stronger rated utility-backed bonds but like its GO they face credit strain from pensions.

Dallas and Houston still face challenges to turn around their troubled pension plans.

Fitch Ratings will now be discounting pension liabilities at a fixed 6% assumed rate of return.

An 11-year decrease in Kentucky's workforce upended a key formula underpinning its pension system.

A court heard Scranton's arguments against a lawsuit challenging an increase to the local services tax.

Pennsylvania’s pension system for public school employees spent too much on investment fees, according to the state auditor.

Alaska is fast approaching the point where it needs to resolve its massive budget deficit.

Connecticut Gov. Dannel Malloy released a framework to reshape contracts with state employee unions.

New York State’s pension fund earned 11.42% on investments for the 2017 fiscal year, a report said.

The pension fund for Boston-area transit workers needs roughly $1 billion over 18 years, an official said.

Key Texas lawmakers agreed on a formula to extend the Dallas police and fire pension fund’s life.

University of Connecticut bonds are on Moody's review for downgrade.