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The Pritzker administration says it can now afford to make the full originally scheduled pension contribution without re-amortizing the funding timetable.
May 8 -
A graduated income tax could lay the groundwork for Illinois to rebuild its credit quality — but only if done right, according to the rating agency.
May 7 -
Chicago and its pension funds dispute whether the city is meeting its obligations; the city says the state comptroller is too quick to believe the funds.
May 7 -
Thirty-five local plans carry a combined unfunded liability of roughly $2.5 billion, a slight increase from last year, a state report says.
May 7 -
Birmingham, Alabama's general obligation bond rating was lowered one notch by Moody's due to growing pension liabilities.
April 30 -
The one-time cash infusion would go toward the unfunded liability of the Teachers' Retirement Fund ‘96 — the defined benefit plan for teachers hired after June 30, 1995.
April 26 -
Plans in Illinois, Kentucky, Connecticut and New Jersey still show low funded ratios, while the best funded plans experience better-than-average returns.
April 17 -
Oregon Gov. Kate Brown takes aim at school pension liabilities.
April 15 -
The full state Senate will weigh Gov. J.B. Pritzker's proposal to ask voters to approve a graduated tax system after it cleared a committee.
April 15 -
The number of states aiding school districts with pension costs is expected to grow as pension burdens escalate.
April 11