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The amicus briefs ask the state's high court to weaken a rule that is believed to make future benefit reductions impossible.
February 27 -
Four senators released a proposal to deal with the Bluegrass state’s unfunded pension obligations.
February 26 -
Connecticut Treasurer Denise Nappier told lawmakers that Gov. Dannel Malloy's plan to push out payments would violate a bond covenant.
February 26 -
CalPERS' decision to shorten amortization period could further challenge local governments in California.
February 21 -
The California Supreme Court could upend legal assumptions about public employee pensions.
February 20 -
Benefit changes for the city’s public safety pensions will remain, said Moody's Investors Service.
February 5 -
Several market participants said it’s hard to take such a proposal seriously.
January 23 -
Calling his two-year budget "difficult but honest," Gov. Matt Bevin cut most state agency budgets by 6.25% and borrowed to fund reserves.
January 18 -
The ruling increases the body of law supporting strict legal protections for public pension benefits, the rating agency said.
January 16 -
As state lawmakers confront a $1 billion budget gap, an 11.2% increase in revenues may be short-lived, budget director says.
January 11