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The strategy could save the commonwealth roughly $300 million when compounded over 20 years, said state Treasurer Joe Torsella.
May 24 -
Harvey, Illinois, bondholders continue to get the city's home-rule taxes, but lose the city's share of state taxes.
May 22 -
The Illinois city's revenue bondholders want any legal settlement to prioritize their claim over those of pension funds.
May 18 -
Fort Worth was still savoring a victory for a $400 mllion bond proposal when rating agencies rained on the parade.
May 18 -
The nation’s third-largest public pension fund reported an 11.35% return on investments for the year ending March 31.
May 17 -
The California city's supporters portray a lasting turnaround, but growing pension liabilities could bring trouble.
May 17 -
Citing risks to all of the state's pension funds, Gov. Phil Murphy conditionally vetoed legislation to enable a spinoff of the state’s Police and Firemen's Retirement System.
May 14 -
The Illinois pension intercept law could pose rating strain but also force funding discipline over long term, according to S&P Global Ratings.
May 14 -
State lawmakers compromised on legislation that provides $2.3 billion of bond authority for transportation and boosts funding for the state's lagging pension fund.
May 10 -
The new chief investment officer of the $34 billion Connecticut Retirement Plans and Trust Funds will begin his duties Monday.
May 9