
State Pension Underfunding and Contribution Decisions Hurt Credit Quality
“Current and future taxpayers are paying for the choices of prior administrations to extend generous benefits and/or not properly fund...
Many of the largest pension plans in the U.S. are lowering assumed long-term rates of return in light of global economic headwinds,...
In the wake of the financial crisis of 2008, public pension plans made several reforms including benefit cuts, and increases...
The California Public Employee Retirement system outlines several cost-saving strategies including changes to its health care program and its investment-management...