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The change represents a doubling of related investments, Mayor Bill de Blasio and Comptroller Scott Stringer announced.
March 23 -
Paul Gray, co-founder of IronHold Capital, links the unfunded liability problem to bad public policy decisions and bad hedge-fund actors. Paul Burton hosts (13 minutes).
March 16 -
The next phase of pension risk analysis will be different and more challenging: Assessing the long-term impacts of individual jurisdictions’ choices in the context of their unique workforce demographics, benefits and salary structure, and pension funding status.
March 9Build America Mutual -
Illinois' pension crater reaches more than $300 billion under Moody's formula.
March 4 -
California teachers cited the risk of exposure to COVID-19 and the challenges of remote teaching as reasons for retiring early.
February 12 -
This year's pension debt volume could match that of 2020, which was the highest since the financial crisis year of 2008, industry leaders say.
February 1 -
With interest rates at historic lows and stock market returns at record highs, Tucson sees a ripe opportunity to issue pension debt.
January 25 -
Illinois lawmakers chose a new speaker this week after a lame-duck session that could add to Chicago's and the state's budget strains.
January 14 -
New revenue from a graduated tax without an accompanying long-term plan to tackle the state's fiscal woes won't solve them, the Civic Committee of the Commercial Club of Chicago warns.
September 30 -
Treasurer Deborah Goldberg and the commonwealth's Pension Reserves Investment Management board look to improve measurement of environmental, social and governance data.
September 14