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Houston is one of the largest U.S. cities to set up a trust to help fund non-pension retiree benefits such as healthcare.
June 12 -
A total of 26 Republican-led states have sued over the new retirement investing rule, saying it would diminish their tax revenue and hurt states that have a significant fossil fuel industry presence.
March 2 -
Other post-employment liabilities are more material problems for one in ten state and local governments, according to Moody's Investors Service.
August 27 -
Moody's Investors Service notes that the new two-tier pension system will not immediately decrease Kentucky's high unfunded pension liabilities.
April 8 -
California teachers cited the risk of exposure to COVID-19 and the challenges of remote teaching as reasons for retiring early.
February 12 -
Soaring liabilities for post-employment benefits other than pensions are adding further weight to the state’s fiscal challenges.
June 6 -
State Treasurer Joe Torsella says bolstering private-sector retirement savings now will reduce pressure on social services spending later.
April 1 -
Millions of workers have multiple jobs. That means they might have multiple retirement plans. Here are the rules for situations in which a client can set up and/or contribute to more than one plan at a time.
December 7 -
California is still decades away from prefunding retiree health benefits liability, said State Controller Betty Yee.
February 1 -
Pennsylvania's Senate passed a bill to overhaul retiree benefits.
June 6