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New Jersey lawmakers forged a budget deal in the early hours of the Fourth of July that paved the way for a new law boosting the state’s underfunded pension system with lottery revenues.
July 5 -
Legislation to overhaul retirement benefits for Michigan teachers will make it easier to predict pension costs, S&P said.
June 29 -
A proposed ordinance calls for Chicago to funnel more money to two pension funds without state action.
June 28 -
New Jersey lawmakers advanced Gov. Chris Christie’s proposed transfer of lottery revenues to boost state pensions.
June 27 -
The union rank and file must OK the agreement as a budget deadline nears.
June 26 -
Michigan lawmakers approved fundamental changes to retirement benefits for teachers.
June 23 -
New York City’s actual pension liability stands at $142 billion according to the Manhattan Institute.
June 20 -
Unfunded liabilities will still pester Pennsylvania, Moody's says
June 20 -
New Jersey's treasurer told lawmakers a proposal to boost the state’s underfunded pension system through lottery revenue would not negatively impact future budgets.
June 16 -
Pennsylvania's new pension legislation does nothing to solve its budget deficit.
June 16