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Chicago suburb warns of "catastrophic” impact of state withholding funds.
April 11 -
Restructuring expert Michael Imber of EisnerAmper explains how in-kind real-estate asset contributions could curb the state's steep unfunded liability. Paul Burton and Chip Barnett host.
April 10 -
Though the legal setback is "harmful" to the Chicago Park District's plan to increase pension funding, it doesn't cause a budgetary crisis, S&P said.
April 9 -
The Legislature's budget failed to provide debt service on some bonds, decimated reserves, and lacked full funding for core services, Gov. Matt Bevin said.
April 9 -
Atlantic City's state overseer sees a “major” breakthrough following a $49 million bond sale.
April 6 -
Kentucky lawmakers approved a $22 billion biennial budget bolstered by cuts for most state agencies, transfers and new revenue.
April 3 -
Former broker Deborah Kelley could end up paying close to half a million dollars in fines, penalties, and restitution for her role in defrauding the New York State Common Retirement Fund.
March 29 -
The New Jersey legislature again passed legislation to hand police officers and firefighters control of their pension fund.
March 29 -
The district must come up with a new plan to save its pension fund from insolvency.
March 29 -
Restructuring expert Michael Imber says momentum is building for such a strategy, which he says could improve the state's funding ratio.
March 29