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Urban planners argue for the unlocking of public assets through an asset trust, an idea largely untested in the U.S.
December 15 -
City officials said consolidating the boards will improve governance and result in stronger fund performance.
December 14 -
A pension task force convened by the governor proposed issuing long-term or perpetual notes to state-controlled entities that need risk capital.
December 13 -
Weak asset performance and inadequate contributions by some local governments have contributed to a 6% increase in liability burdens, Fitch Ratings said.
December 12 -
Bills look to tackle local governments' $18.8 billion pension and retirement health care unfunded liability,
December 8 -
New Jersey Gov. Chris Christie urged his successor to reduce health benefits for public employees as a way to fund the state’s underfunded pension system.
December 7 -
Texas state pensions bear the third-highest risk of a downturn-driven "budget shock" behind Alaska and Connecticut, according to Moody's Investors Service.
November 29 -
Houston hits the market with more certainty about its pensions but less about the tax-exempt market.
November 20 -
Declining funding for Colorado's retirement accounts led S&P global ratings to revise the state's outlook to negative.
November 16 -
Treasurer Denise Nappier sees the just-passed spending plan as a roadblock to full funding.
November 16