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"We need to make realistic assumptions regarding our ability to achieve expected returns in the future," said North Carolina State Treasurer Dale Folwell.
February 17 -
The city's newest budget forecast says revenues in the current fiscal year will fall short of projections by $86 million.
February 4 -
The pension system is in an “accelerating death spiral,” he said. In contrast, he offered good news about the territory's water and power authority.
January 26 -
The Illinois legislature passed a pension benefit enhancement for a group of Chicago firefighters. If Gov. J.B. Pritzker signs it, local taxpayers will pay up.
January 26 -
With interest rates at historic lows and stock market returns at record highs, Tucson sees a ripe opportunity to issue pension debt.
January 25 -
State Treasurer Dale Folwell said his office was rewarded for staying the course on a decades-long conservative management strategy.
January 14 -
Florida's triple-A ratings face an ongoing vulnerability because of the fiscal and economic impacts of COVID-19, its annual debt report warns.
December 23 -
Senate Majority Leader Mitch McConnell suggested state and local governments would use stimulus to shore up pension plans.
December 17 -
Joe Torsella still advised that such a move to backstop the commonwealth's two largest public retirement funds is no panacea.
December 15 -
Fiscal 2020 added another $3.8 billion to the state's unfunded pension liabilities, according to a new state report.
December 14