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Moody's views the ruling positively, but S&P says the court sidestepped the main issue.
March 11 -
Shawn Wooden expects his proposal to fix to state teachers’ pension system to kick-start an agenda that includes infrastructure, improved returns and financial literacy.
March 8 -
The California Supreme Court left the so-called California Rule on pensions untouched in a ruling favoring the state's right to eliminate an "air time" benefit.
March 4 -
A strong economy and the establishment of an outyear payment schedule have effectively masked a serious problem in the commonwealth, according to Pioneer Institute.
February 21 -
Gov. Ned Lamont’s budget speech will include a far-reaching proposal by state Treasurer Shawn Wooden to shore up the wobbly Teachers’ Retirement Fund.
February 20 -
Illinois would also use asset transfers, supplemental contributions and a buyout program in the governor's plan to deal with $133.7 billion of unfunded liabilities.
February 14 -
Governance and economics, rather than cutting benefits, are increasingly seen as key to solving pension funding woes.
February 13 -
The ideas are emerging as focal points in Gov. J.B. Pritzker’s search for solutions to the state's pension underfunding.
February 12 -
Gov. Phil Murphy’s administration issued an RFQ for an advisor to evaluate using state-owned assets to stabilize its pension system.
February 11 -
The courts will decide whether the city must make up shortfalls in tax levy collections to cover the pension contributions.
January 23