3+ hour, 31+ min ago   (604+ words) The Equable Institute wrapped up its annual report on the health of public pensions with a mix of good and bad projections along with notes of caution about what's coming down the pike." "The significant degree of financial uncertainty public…...

2+ mon, 2+ week ago   (303+ words) Oppenheimer & Co. Inc. has hired public finance veteran Guy Logan as managing director, head of infrastructure and the mid-Atlantic region. Logan will report to Beth Coolidge, managing director and head of public finance, who has been assembling a team since…...

2+ mon, 4+ week ago   (472+ words) The good news for U.S. public pensions is unfunded liabilities declined for the second straight year. The bad news is there haven't been three straight annual declines since the Great Recession. "The overwhelming driver this year is market performance," said Equable's…...

3+ mon, 1+ week ago   (1217+ words) The aging of the Baby Boom generation will test municipal finances in a variety of ways. The generation, defined by the U.S. Census Bureau as comprising the more than 78 million births between the years 1946 and 1964, has been reaching retirement age since…...

5+ mon, 1+ week ago   (1151+ words) Illinois Gov. JB Pritzker on Friday signed pension legislation that will put Chicago on the hook for an additional $60 million in its fiscal 2026 budget, rising to $750 million in 2055, for a total of $11 billion over the next 30 years. The city already…...

5+ mon, 4+ week ago   (756+ words) Record-high contributions by state and local governments helped reduce unfunded pension liabilities even as returns fell, according to the Equable Institute, a non-profit that works with public retirement system stakeholders to solve pension funding challenges. The average fiscal year 2025 return…...

7+ mon, 3+ week ago   (783+ words) Christina Baker covers the Northeast for The Bond Buyer. Before that, she was an intern at The Bond Buyer via the Dow Jones News Fund. She's covered government and politics for many Pennsylvania news outlets through internships, including Spotlight PA,…...

8+ mon, 2+ week ago   (1029+ words) The tax exemption is in the eye of a legislative storm to extend President Donald Trump's Tax Cuts and Jobs Act, but is it only the start of what's to come? President Donald Trump's first 100 days in his second term…...

8+ mon, 3+ week ago   (838+ words) Les Richmond's role in Build America Mutual's credit underwriting group is to evaluate the pension and other postemployment benefit plans and liabilities of the municipal entities BAM guarantees.Prior to joining BAM, he was with Hay Group, where he was…...

9+ mon, 2+ week ago   (500+ words) Mary Simpkins, senior special counsel in the Securities and Exchange Commission's Office of Municipal Securities, will retire on Monday after a career in that office that spanned nearly three decades, ... Mary Simpkins, senior special counsel in the Securities and Exchange…...