Gov. JB Pritzker signed into law on Friday a measure that will provide some Chicago police officers and firefighters with ...

Despite rising markets, Chicago’s pension funding stands at just 25%. Without action, the city could face Detroit-style ...

Illinois has the nation’s worst public pension crisis. Nationwide analysis from the Equable Institute shows Illinois state ...

Pension funds enjoyed enormous stock market returns during the pandemic but slower gains and underfunding has increased their liabilities.

Based on our discretionary paydowns and the strong stock market close-out in June, Newport Beach’s unfunded pension liability ...

California and Illinois are the largest contributors to an expected $1.3 trillion in unfunded pension liabilities for the 50 states in fiscal 2023, according to a Reason Foundation study.

The report said the five pension systems' unfunded liability climbed to a market value of $142.2 billion at the end of fiscal 2023 on June 30 from $139.8 billion in 2022, with the Teachers ...

Pensions are for spending’ is the new mantra now inheritance tax will apply to them from April 2027. In exclusive ...

A pension fund covering unionized food workers won more than $8 million from a New Jersey liquor store with the same owners as a defunct food store that withdrew from the plan.

Private equity-backed insurers are intensifying their presence in the UK’s booming pension risk-transfer market, securing deals worth $10.7 billion in just the past month. As British corporations ...

San Luis Obispo County’s unfunded pension liability totals nearly $1 billion, San Luis Obispo County Pension Trust Fund executive director Carl Nelson told the Board of Supervisors on Tuesday ...

There’s a must read op-ed today’s Wall Street Journal on how Senate Democrats might be fast-tracking another massive taxpayer bailout, this time for multi-employer union pension plan: We wrote ...