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Finance minister says public should see options for teachers' pension fund liability — but not yet
CBC via Yahoo News· 2 months agoFinance Minister Allan MacMaster says the public deserves to know how the unfunded liability of the...
Whitmer rolls out the budget today, and state debt could get its own spotlight
Detroit Free Press via Yahoo News· 5 months agoLANSING — Billions of dollars in annual payments to reduce government pension liabilities are...
Board of Commissioners approves $5,000 incentive for employees to convert from pension to 401(k)
Livingston Daily | Daily Press & Argus via Yahoo News· 1 year agoWith Livingston County facing a $48 million deficit in pension funding, commissioners in December...
Detroit wins its battle to stretch out payments over 30 years to police and fire pension
Detroit Free Press via Yahoo Finance· 12 months agoThe city of Detroit won its battle in bankruptcy court Monday to stretch out its payments over 30...
Yellow gets favored venue for hearing on $7.8B in pension liability claims
FreightWaves via Yahoo Finance· 3 months agoA Delaware bankruptcy court overseeing Yellow’s liquidation said Wednesday it will hear the case...
Nate Monroe: Jacksonville's police and fire pension debt approaches staggering $3 billion
The Florida Times-Union via Yahoo Finance· 2 months agoCOMMENTARY | The pension debt for Jacksonville police and firefighter retirees is approaching a...
10 years later, Detroit retirees find health care, bankruptcy cuts troubling
Detroit Free Press via Yahoo Finance· 11 months agoTo mark the 10-year anniversary of Detroit's historic July 18, 2013, municipal bankruptcy filing,...
Effect of police and fire pension consolidations on property taxes remains uncertain
Chicago Tribune via Yahoo News· 6 months agoFour years after Gov. J.B. Pritzker signed a landmark consolidation of police and firefighter...
‘Have-nots’ are footing the bill for Britain’s privileged public sector
The Telegraph via Yahoo Finance· 2 months agoWhile I usually write about the (many) issues I encounter as a landlord, as a self-employed private...
State pension plans were hammered in 2022. Next year will be worse.
Politico via Yahoo News· 1 year agoThe stock market’s plunge battered public retirement systems in 2022. The outlook for 2023 is even...