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The ultimate impact of the bear market on pension risks is likely to vary widely among issuers, making granular analysis more important and valuable.
April 28Build America Mutual -
Senate Majority Leader Mitch McConnell said Wednesday he favors allowing states struggling with high public employee pension costs amid the burdens of the pandemic response to declare bankruptcy rather than giving them a federal bailout.
April 22 -
The plunge of the financial markets amid COVID-19 stands to push up pension costs — and budget strain — for the city.
March 31 -
Dan DiSalvo, a Manhattan Institute senior fellow, explains how the state provides a model for tackling other post-employment benefits liability. Paul Burton hosts.
March 10 -
Public pensions that relied on equity growth to ease unfunded liabilities could face a harsher reality, experts told The Bond Buyer's Texas Public Finance Conference.
February 26 -
The Democrat unveiled a $40.9 billion FY 2021 spending plan that again pushes for higher taxes on incomes above $1 million.
February 25 -
Public safety retirement costs are most significant at the city and county levels where they average 4.9% of aggregate spending for cities and 1.9% for counties.
February 18 -
State Comptroller Susana Mendoza released interim numbers because the state's comprehensive annual financial report for fiscal 2019 is unfinished.
February 11 -
The changes are a credit positive for the state of Ohio and the local governments that participate in OPERS, according to Moody's Investors Service.
February 4 -
Joe Torsella received the appointment to the National Association of State Treasurers committee from NAST President Deborah Goldberg of Massachusetts.
February 3