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The demographics of the public-sector workforce are likely to change, even as many state and local governments consider increasing wages and improving other benefits to attract and retain employees.
February 14Build America Mutual -
Strong 2021 contribution levels continue a trend that began with pension reforms made in the wake of the Great Recession.
January 3 -
The hospitals are facing higher costs amid dwindling pandemic-related federal aid, although urban facilities are faring better than those in rural areas.
December 12 -
The downgrade of Kaweah Delta Health Care District's revenue bonds to Ba1 affected $218 million of debt.
December 9 -
Chicago is leading the pack in pension fund problems.
September 27 -
New Jersey and Illinois have the lowest state bond ratings. But all three states have been ramping up pension contributions, according to S&P Global Ratings.
August 8 -
S&P Global Ratings says that without funding reform, New Jersey's pension system may continue to negatively impact the state's credit outlook for decades.
July 1 -
The acquisition of Cancer Treatment Centers of America in February was cited for the downgrade along with City of Hope's financial weakness over the past two years.
June 17 -
ProMedica's senior living division has suffered deep pandemic-related fiscal wounds while its hospitals' recovery was set back by the Omicron variant.
May 16 -
Oregon State Hospital's Junction City campus has three months to correct problems after an investigation revealed lax supervision.
May 11