-
Such a move might allay fears in the capital markets while removing lawmakers from decision-making, according to consultant Jim Millstein.
August 29 -
Wilshire Consulting said the aggregate funded ratio for U.S. state pension plans remained unchanged between and first and second quarters of 2018 at 70.8%, up 0.7 percentage points from the previous 12 months.
August 27 -
The Rahm Emanuel administration told aldermen that a POB could save $6 billion and ease future tax and fee hikes.
August 24 -
Citi's assessment is conditioned on pension obligation bonds being part of a package to tackle the city's pension liabilities.
August 23 -
A State Supreme Court ruling jeopardizes San Diego’s pension reform measures, exposing the city to millions in unanticipated costs.
August 17 -
Recommendations released by a bipartisan New Jersey panel last week aimed at attacking the state’s beleaguered finances centered largely on combating soaring pension and benefit costs.
August 13 -
Bond investors had mixed reactions to the city's announcement that it is exploring a pension bond deal.
August 7 -
California's highest court said city officials failed to negotiate with labor unions before bringing its pension overhaul to a vote.
August 3 -
Securitization or pension obligation bonds are options for the city.
August 3 -
The board has identified more than 110 out of 490 local units of government as having an underfunded pension plan or retirement health care plan — or both.
August 1