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A bill will be released in coming weeks detailing a new structure for all of the state’s retirement plans.
October 19 -
Pension pre-funding dropped to 68% in fiscal 2016 compared to an average of 75% the year before.
October 18 -
The report is “full of misinformation," according to Gov. John Bel Edwards' office.
October 16 -
Irresponsible practices by policymakers drove debt to $11.7 billion, according to a report refuted by a pension official.
October 12 -
The Government Accountability Office sees big challenges for three U.S. territories.
October 10 -
California city officials say the rising share of their budgets demanded to fund pensions reduces their ability to provide services and raises the specter of insolvency.
October 5 -
The state's treasurer, Seth Magaziner, cited the “back to basics” strategy his office undertook about a year ago.
October 2 -
California has put a lot of effort into burnishing its finances and it shows, according to John Ceffalio, Vice President of Municipal Credit Research at AllianceBernstein. He discusses the ways the state has been paying down debt and how it has enacted a clever approach to prepaying pensions. Hosted by John Hallacy.
September 19 -
The outcome of Missouri's limited pension buyout plan could catch the eye of other governments.
September 15 -
The rating agency cautioned that rising pension costs and revenue restraints could pose challenges.
September 14