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New Jersey’s escalating pension burden threatens to derail future budget plans, a report said.
January 11 -
New York City would be the first major U.S. public pension to divest from fossil fuel businesses.
January 10 -
New Jersey’s Lottery Enterprise Contribution Act translated into better primary market bond pricing, the state treasurer says.
January 9 -
The latest court decision about pension modification efforts helps clear the way for the state's top court to settle the matter.
January 9 -
The unfunded liabilities of the funds nearly doubled over the last decade.
January 9 -
New Jersey and its municipalities may face greater fiscal pressures after the state opted to lower the assumed rate of return for pension assets.
January 4 -
The state also warned that $1 billion in cuts could be needed in 2019-2020 due to rising pension and Medicaid costs.
January 2 -
The Connecticut governor cited recent changes to the state employee pension system as a parallel.
December 28 -
CalPERS' plan to dial back the assumed return on its investments puts pressure on governments to make up the difference.
December 21 -
Bond director Ben Watkins lamented the loss of the refinancing tactic that helped refinance 62% of the state’s debt portfolio.
December 20