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Major cities are generally doing well despite economic volatility.
November 17 -
While only 29 city related pension plans in 2021 reported future fail dates for meeting retirement benefits, that number could worsen this year as investment returns tumble.
October 27 -
Ratings for Kansas have not changed since it was downgraded three times during the prior decade due to structural budget problems in the wake of tax cuts.
October 6 -
The consolidation of suburban and downstate firefighter pension fund assets is nearly complete but litigation is delaying the police consolidation.
October 5 -
Mayor Lori Lightfoot's proposed budget would forgo an inflation-formula-based property tax hike and make supplemental contributions to the city's pension funds.
October 4 -
Improved commitments to pension funding, coupled with other changes to the two states' retirement systems, have yielded bond rating upgrades for both.
September 16 -
Richmond issued $154.1 million in pension obligation bonds in a refunding that terminates swaps, ends a county intercept, and extends the final maturity.
September 8 -
Surging state revenues eased the burden of managing fixed costs, Moody's says in an examination of state liabilities based on fiscal 2021 financial reports.
September 7 -
A three-judge panel reversed a district court's ruling in favor of the city's Firefighters' Relief and Retirement Fund that the law was unconstitutional.
August 31 -
The pension system has sued WAPA demanding immediate payment of more than $2 million in employee contributions.
August 26