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Gov. JB Pritzker signed into law on Friday a measure that will provide some Chicago police officers and firefighters with ...
Pension funds enjoyed enormous stock market returns during the pandemic but slower gains and underfunding has increased their liabilities.
Despite rising markets, Chicago’s pension funding stands at just 25%. Without action, the city could face Detroit-style insolvency within a decade, the city's former CFO writes.
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.
Illinois has the nation’s worst public pension crisis. Nationwide analysis from the Equable Institute shows Illinois state ...
Some cities have seen fourfold increases in their retirement contributions, while others have seen them double and triple.
Private equity firms like Brookfield and Apollo are driving a $10.7B surge in UK pension buyout deals, sparking regulatory ...
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Tribune Online on MSNN758bn pension liabilities: Police retirees task NASS on swift approvalRetired police officers in Nigeria have intensified calls for improved pension benefits, urging the National Assembly to swiftly approve the N758billion outstanding pension liabilities pending in the ...
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.
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 ...
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