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The delay of $220 million of pension savings is the latest "upsetting piece of news for bondholders."
May 16 -
The anticipated surplus for fiscal years 2019 through 2013 has dropped to $11.6 billion from $15.1 billion, leaving less money for debt service and capital spending.
May 9 -
The plan continues a cut to the pension system found in earlier versions.
May 9 -
New expectations for disaster funding, gross national product growth rates, and population may change projections of money for debt.
May 8 -
January revenue beat the original budget projection by 36%, raising hopes that there will be more money to pay bondholders as the island's debt is restructured.
April 16 -
The board acknowledged Puerto Rico is in compliance with the fiscal 2019 budget, even as it wrangles with the local government over next year's plan.
April 2 -
The Board's authority to certify fiscal plans has become a flashpoint in an escalating battle with Puerto Rico's government.
March 20 -
The General Obligation group's lawyer says the board should focus on structural reforms and not legal challenges to bondholder claims.
March 13 -
While the board is also seeking high court review, its goals are opposite of those of the union.
March 8 -
Puerto Rico Oversight Board says it can achieve much but not all of its pension restructuring plans without the local government's assistance.
March 7